Aviva Pensions Annuities
Must read information, guidance and news on Aviva pension annuities from the experts.
Aviva Pensions & Aviva Annuities: Overview
As a long-standing pension and annuities provider, Aviva had developed a strong reputation for innovative products, particularly in fixed annuities in recent years. Since the 2007 ‘credit crunch’ and subsequent recession, Aviva adopted a defensive strategy by cutting staff numbers, agents and distributors. As such, it lost its position as market leader (in terms of volume) for fixed annuities.
Aviva is considered to be in a highly secure and stable position, with sizeable reserves and an intact AM ‘Best A’ rating.
Pension Providers News
More than two-thirds of employers may need to review their selected auto-enrolment (AE) pension scheme in the wake of the DWP’s (Department for Work and Pensions) “Better workplace pensions” consultation, according to new research from Jelf Employee Benefits. The firm … Read more
The National Association of Pension Funds (NAPF) has commented on the new EU Pensions Directive (Directive on Institutions for Occupational Retirement Provision), which was recently published by the EU Commission. NAPF stated that the Directive introduced a range of new … Read more
KPMG has described the Budget as a ‘game-changer’ for the insurance industry. In the Budget the Chancellor significantly increased the flexibility for customers regarding how they access their pension savings upon retirement. KPMG said that the changes announced presented an … Read more