FCA to review preference shares after Aviva backlash
The Financial Conduct Authority (FCA) has agreed to review the preference share market following investor backlash from the Aviva “debacle,” which saw the insurer backtrack on its plans to cancel preference shares at par value.
FCA told to get a grip on preference share loophole
The Financial Conduct Authority has been urged to take a hard line on the “very obvious loophole” in the regulation of preference shares to avoid a repeat of the Aviva episode and restore market stability, says a prominent financial campaigner.
Barclays and Aviva buck downward trend in FOS complaints
Aviva and Barclays bucked the downward trend in complaints about financial services companies made to the Financial Ombudsman Service (FOS) in the second half of 2017, according to the latest figures.
Aviva Investors posts positive flows as AIMS doubles
Aviva Investors has reported positive fund flows during the first half, despite the Brexit inspired outflows which have hit much of the industry this year.
Aviva provides ‘cornerstone’ for new real estate fund
Aviva Investors Global Indirect Real Estate has provided £42.5m of cornerstone capital for a new real estate fund managed by AEW UK.