Compensation Structures: Managing Conflicts of Interest
Release Date: 12/21/2007 Staff Reference: Luke O'ConnorGuideline G13
This Guideline supports the broader objective of managing conflicts of interest that could arise due to sales-related compensation. “Sales-related compensation” refers to remuneration paid by an insurer, directly or indirectly, of either a monetary or non-monetary nature, with respect to the placement and/or ongoing servicing of a contract of insurance.