Coronation has introduced reasonable mechanisms to identify Conflicts of Interest between:itself, Employees and Clients; and between different Clients.
The purpose of the policy is primarily to provide mechanisms for the identification and management of Conflicts of Interest that may arise in the rendering of financial services to Clients.
No Employee may accept/give a Financial Interest or Ownership Interest from/to a Third Party, other than an Immaterial Financial Interest (refer to the Gifts and Inducements Policy).
Coronation may not offer any Financial Interest to an Employee which incentivizes such Employee to:
5.1 Give preference to the quantity of business over quality of service rendered to Clients;
5.2 Give preference to a specific product supplier in the event that it is possible to recommend more than one supplier to a Client; and/or
5.3 Give preference to a specific product in the event that it is possible to recommend more than one product to a Client.