All Aviva articles – Page 5

  • News

    Bulk annuity volumes break H1 record

    2018-08-09T00:00:00Z

    On the go: UK pension schemes entered into a record £7.8bn of buy-ins and buyouts in the first half of 2018, as large 'back book' transfers between insurers failed to disrupt the market's capacity.

  • News

    FCA recommends investment pathways for drawdown

    2018-06-28T00:00:00Z

    The Financial Conduct Authority has proposed that pension providers are required to develop three ready-made investment pathways to help confused drawdown customers, but has shied away from imposing a charge cap on the products.

  • News

    Marks and Spencer scheme completes £1.4bn buy-ins

    2018-05-17T00:00:00Z

    On the go: Trustees of the Marks and Spencer Pension Scheme have purchased buy-in policies with Phoenix Life and Aviva totalling £1.4bn.

  • News

    IGC reporting fails to identify value for money

    2018-02-15T00:00:00Z

    Independent governance committees are failing to adequately report the value for money represented by their respective providers, according to a new report ranking the committees on scrutiny and transparency.

  • Opinion

    Industry is divided over Royal Mail's CDC proposal

    2017-12-13T00:00:00Z

    Pressure is mounting on the Department for Work and Pensions to lay regulations for collective defined contribution, after mediation between Royal Mail and the Communication Workers Union recommended lobbying government to facilitate their creation of a CDC scheme.

  • News

    Income security needed to bolster drawdown products

    2017-06-09T00:00:00Z

    Drawdown solutions must be improved to offer pensioners greater certainty that their retirement income will last, a panel of specialists told Pensions Expert last week.

  • News

    Savers prepared to look past charges for returns

    2017-03-02T00:00:00Z

    Good returns are the primary concern for pension scheme members when assessing value for money, according to research conducted by 11 independent governance committees, with charges sitting outside the top 10 of saver concerns.

  • Stephen Richards
    Opinion

    Trustee liability and black swans

    2016-11-07T00:00:00Z

    From the blog: The thing about black swans is that until you encounter one, you ignore the possibility that they exist – but in hindsight it’s all too obvious that they do. 

  • News

    Hedged Aviva schemes survive rate cut

    2016-08-05T00:00:00Z

    Pension schemes sponsored by insurance giant Aviva have reported a marked increase in their accounting surplus owing principally to falling interest rates, but experts warn of further pain for schemes which are not hedged against interest rate risk.

  • News

    Burgeoning buyout arena threatens pricing, schemes urged to prepare

    2016-01-11T00:00:00Z

    The growing number of players in the UK buyout market may, counterintuitively, make it more difficult for pension schemes to get quotations from insurers, industry experts have said.

  • News

    Industry split over capacity crunch severity for mid-sized employers

    2013-11-07T00:00:00Z

    Fewer medium-sized employers will be turned away by their existing pension provider for auto-enrolment arrangements than their larger counterparts, according to one such provider, as experts disagree on how smaller companies will fare.

  • News

    Small schemes offered off-the-peg buyouts to speed up derisking

    2013-07-11T00:00:00Z

    Small schemes will be offered standarised buyouts to decrease the time and cost associated with bespoke bulk annuity purchases, a model that has gained popularity in the buy-in market.

  • News

    Aviva plans GPP committee to boost governance

    2013-05-23T00:00:00Z

    Aviva is the latest insurer considering a trustee-type governance committee for its group personal pension to drive up standards and make its operations more cohesive.

  • News

    Government considers added layer of AE legislation

    2013-05-03T00:00:00Z

    Pension professionals have welcomed plans for the government to legislate on further minimum standards for auto-enrolment to ensure schemes meet quality benchmarks.

  • Features

    Adnams and Jacobs compensation cases highlight admin risk

    2012-12-22T00:00:00Z

    Members of the Adnams and Jacobs Engineering schemes have been awarded compensation for administration errors. Pippa Stephens and Ian Smith analyse how monitoring third parties could help schemes manage this risk.

  • Features

    Insurers deliver flexible derisking payment plans

    2012-12-20T00:00:00Z

    Schemes looking to take advantage of the current favourable pricing in the derisking market have been offered a range of flexible payment options by insurers.