Something remarkable happened at the Aviva annual meeting the other day. The meeting was dominated, of course, by the preference shares debacle. Readers familiar with the row should skip this paragraph. Cue an almighty City row, questions in parliament and a market abuse investigation by the Financial Conduct Authority. After 15 days of rancour and confusion, Aviva U-turned and launched a compensation scheme for those disadvantaged by its botched handling…

Source: The Times May 14, 2018 16:02 UTC