FCA compliance for insurance sales
Posted: Fri Dec 11, 2020 4:23 pm
I am in an IVA which commenced April 2020 to satisfy Director PG liabilities following a trading business closure. I have applied for a position business partner/insurance sales agent in a regional office of a national insurance agency. The position is a "self employed partnership" . I have been advised that I am an ideal candidate however they need to check FCA compliance due to existence of IVA. Can you advise if a current IVA prevents FCA compliance for insurance sales? (it appears to prevent finance brokerage compliance) Does a satisfied IVA alter the situation ?