Aviva head of platform Tim Orton says a D2C self-service proposition is "still on the cards" for the firm but ongoing regulatory guidance is delaying advisers' potential use of the offering.
Holding on to ‘turbulent’ financials has paid off
Several of the UK's major asset managers are falling short on stewardship and responsible investment practice, according to NGO ShareAction.
Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.
Aviva's £5.1bn acquisition of Friends Life could see as many as 1,500 jobs cut, the company has said.
Which asset class or event surprised you most?
A Financial Conduct Authority (FCA) decision to brief a national newspaper on its plans to review long-term insurance contracts - which prompted significant falls in the share prices of several major providers - was "high risk" and inadequate, according...
Tesco, Aviva's mega merger, and the pre-election pound
Tim Orton, chief executive of Aviva's platform business, is aiming to double assets under administration (AUA) to £10bn by the end of 2015.
UK equities will struggle to make significant gains as a range of forces will weigh on sentiment in 2015. Investors should shelter in stocks undertaking self-help, argues Aviva Investors' Chris Murphy.