Aviva's exit from large bulk annuity deals 'will not affect market'

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Aviva's exit from the large-scale UK bulk purchase annuity market due to disappointing returns will not affect competition, Aon Hewitt says.

Aviva chairman John McFarlane (pictured) today identified areas of the business he sees as "non-core" which are underperforming and will be "exited", of which the large bulk annuity business was on...

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