Aviva

Insurers expect to write more than £6bn of buyout and buy-in business in 2013 after a strong finish to 2012 saw £1.5bn in transactions, says JLT Employee Benefits.

Newspaper group Trinity Mirror has almost quadrupled the amount of de-risking insurance contracts it holds as discount rate falls increased its deficit, its final year results show.

Aviva has scrapped plans to add a group ISA and group SIPP to its employee benefits platform, Work:Life.

Aviva suffered a loss of £3bn in 2012 due to a £3.3bn writedown from the sale of its US business last year.

Insurance giant Aviva is likely to shock the City when it posts a £3bn loss in its full-year results this week, the Sunday Times reports.

Around two-thirds of employers and employees are supportive of the Department for Work and Pensions ‘pot follows member' plans, according to research from Aviva.

More than a third of employees (37%) plan to opt out of auto-enrolment, while a further 28% are considering withdrawing from the scheme, research from Aviva says.

Trevor Matthews, chief executive of Aviva UK, is to step down from the role.

The panel discusses the contrasting fortunes of commercial and residential property, and considers how both can help scheme liabilities.

Insurers have warned against "distracting" the National Employment Savings Trust from its original purpose by lifting government-imposed restrictions.