What must Vijay Gill disclose when dealing with a potential client?

In a situation where Vijay Gill is engaging with a potential client, it is essential that he discloses both arrangements with Land Bank and Bloom Insurance. This requirement is grounded in the principles of transparency and integrity that are core to ethical practices in the financial services industry.

Disclosing both arrangements ensures that the potential client has a complete understanding of any potential conflicts of interest or relationships that may influence the advice being given.

Additionally, this full disclosure fosters trust and allows the client to make informed decisions. It reflects a commitment to ethical standards and compliance with regulatory requirements, as clients have the right to know about all relevant affiliations and potential influences that could affect the services they receive.

By opting for both arrangements, Vijay is adhering to the principle that all relevant information should be made known, thus promoting a fair and transparent working relationship.