Select commission uplifts risk breaking new bribery laws

Liz McMahon
02 Nov 2010

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The Act, which is due to come into force in April next year, will introduce a corporate offence of failure to prevent bribery by persons working on behalf of a business. A business can avoid conviction if it can show that it has adequate procedures in place to prevent bribery.

Aviva recently announced an increased 3% commission for selected brokers delivering new business in the lead up to Christmas while Axa also currently offers a similar 2% commission uplift.

Fiona Carter, corporate

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