Changes to 10% drop reporting

The obligation to inform the client of 10% declines in the value of their portfolios no longer applies to professional clients, following an amendment to Article 62 of the UK version of the MiFID delegated regulation. Therefore, with effect from 25 January 2023 Aviva will no longer be providing 10% drop notifications to Advisers or Discretionary Investment Managers.

If you have any questions in relation to the above, please get in touch with your usual contact.

Aviva Platform – Investment Solutions Team