Aviva

Aviva has fired dozens of senior managers and may look to offload a fifth of its business units after carrying out a review of the company, according to reports.

Aviva has launched its initial adviser charging guide detailing which products qualify and how adviser charging will be enabled on those products.

The government cannot encourage people to save more, amid concerns a decline in spending could shut off the economic recovery, policy experts say.

Aviva saw its new life and pensions business in the UK fall in the first quarter as a 16% fall in annuities sales offset a rise in new pensions business.

Jonathan Stapleton on the shareholder rebellion

Insurance giant Aviva has announced that its chief executive, Andrew Moss, is to leave the group with immediate effect.

Insurance firm Aviva has suffered an embarassing blow after more than half its shareholders voted against its proposals on executive pay at its annual general meeting today.

Almost 40% of employees will opt out of auto-enrolment arrangements and 68% have little or no knowledge of the changes looming, Aviva claims.

Aviva has agreed to review pay deals for its new executives following shareholder discord over its remuneration report.

Aviva Investors sent an e-mail by mistake on Friday dismissing its entire staff before retracting the message, according to reports.