Tag Archives: Aviva

New Aviva Study Shows Millions of UK Households Struggle with Basic Household Tasks

Aviva research finds home skills gap amongst UK householders One in five UK adults aren’t confident changing a light bulb Almost half of UK adults under 35 can’t cook a meal without using a recipe Four out of 10 under-25s … Read the full press release

New Statistics by Aviva Show UK Households Spend An Average of ₤16 Billion On Household Repairs

LONDON, 19-Apr-2017 — /EuropaWire/ — UK householders typically spend £16 billion* a year fixing things that have gone wrong around the home, according to new statistics released today by Aviva. Research conducted as part of the home insurer’s latest ‘Home’ report, … Read the full press release

Companies Missing Their Pension Deadlines continue to Rise in UK

LONDON, 19-Apr-2017 — /EuropaWire/ — In Q1 2017: 1 in 6 businesses (16%) applied to Aviva for a workplace pension after their staging date had passed – up from 14% in the previous quarter A quarter of companies (25%) are … Read the full press release

Aviva Age Inflation Index Reports an Inflation of ⅔% For All Ages

LONDON, 19-Apr-2017 — /EuropaWire/ — The headline Consumer Price Index (CPI) was today reported to be 2.3%[1]. This figure is an average across all age groups, however Aviva’s Age Inflation Index[2] looks at how different age groups are experiencing price inflation … Read the full press release

Aviva: UK employees are more motivated by amount of holiday allowance and flexible working hours than workplace pension contributions

Holiday allowance (46%) and flexible working hours (33%) are seen as more desirable than pension contributions (24%) by UK employees Under-35s value free on-site car parking (14%) as much as health insurance (15%) or pension contributions from employers (15%) Over-35s … Read the full press release

Aviva’s Health Check UK report: 48% of UK adults are overweight or very overweight

Millennials (18-34 year olds) eat 10 takeaways per month – five times as many as the over 55s Fish and chips tops the nation’s takeaway list – but millennials prefer pizza Almost half (48%) of UK adults are overweight or … Read the full press release

Aviva’s Age Inflation Index: under-30s continue to face the greatest upward pressure on price rises in UK

ONS price inflation figures report a 1% annual rise in September 2016 Aviva’s analysis reveals that the greatest upward pressure on prices fall on the under-30s More important than ever for savers to shop around for the best deals LONDON, … Read the full press release

Aviva: 83% of Brits call on the Government on its commitment to slash motor premiums by reforming whiplash compensation laws

83% want Government to honour its commitment to slash motor insurance costs Proposed reforms could reduce motor premiums by £43 Aviva pledges to pass 100% of the savings to its customers Since 2000, accidents have fallen by 40%, but injury … Read the full press release

Aviva’s second ‘Mind the Gap’ report: Europe’s pension savings gap surpasses €2 trillion a year

New findings from Aviva reveal that Europe’s pension savings gap remains a growing issue As European Governments grapple with public debt levels and the wider challenges of an ageing population, individuals will need to take greater responsibility for their own … Read the full press release

Pension freedoms: New research from Aviva highlights the need for vigilance to ensure the long-term interests of savers are protected

New HMRC figures show that the pension freedoms payments have more than doubled from Q1 to Q2 2016 Aviva insight, however, shows the need for vigilance to ensure that customer’s assets – savings and property – are sufficient to meet … Read the full press release

Aviva Real Retirement Report: People in UK turn attention towards property wealth to help manage their finances and boost retirement incomes

46% see property wealth as a key part of retirement income planning, with 69% owning a home worth more than their pensions, savings and investments But 23% of mortgaged over-45s are still worried about paying off their loans: equivalent to … Read the full press release

Aviva: Post-EU referendum poll shows 25% of over-55s concerned about their financial future, up from 19% before the vote

Just 36% of unretired over-55s had started their retirement planning in Q2 2016 – the lowest percentage seen in the last two years Despite rising 11% in three years, income dip in Q2 coincides with fewer over-55s receiving money from … Read the full press release

Car insurer Aviva: 23% of people in UK heading off on a driving holiday do not research the rules of the road for the country they’re visiting

LONDON, 21-8-2015 — /EuropaWire/ — Almost a quarter of people heading off on a driving holiday (23%) do not research the rules of the road for the country they’re visiting, before their trip – according to car insurer Aviva. More … Read the full press release

Aviva signed an exclusive seven-year distribution agreement with TSB to underwrite general insurance products under the TSB brand through 600 branches and digital platforms

Seven-year exclusive distribution agreement to underwrite general insurance products under the TSB brand through 600 branches and digital platforms 4.7 million TSB customers to benefit from modular home insurance that allows them to design their own insurance package Consolidates Aviva’s … Read the full press release

Aviva research: SMEs fail to make use of expert advice when setting up their business

Only 9% consult legal advisers while 13% use IFAs One in ten not sure whether they need to enrol their staff into a workplace pension A quarter of SMEs don’t know employers’ liability insurance is legally required once they have … Read the full press release

Aviva Chairman John McFarlane received the FTSE 100 award in the 2015 Non-Executive Director Awards

LONDON, 24-4-2015 — /EuropaWire/ — John McFarlane, Chairman of Aviva plc, has received the FTSE 100 award in the 2015 Non-Executive Director Awards. These awards were established in 2006 to recognise the achievements of Non-Executive Directors who contribute daily to the … Read the full press release

Aviva partnered with mobile health company babylon to launch first in UK new virtual health service app to Group Risk clients

LONDON, 23-3-2015 — /EuropaWire/ — In January this year Aviva announced a new partnership with babylon, a leading UK-based mobile health company, to offer the latest digital technology to some of its UK healthcare clients. This move saw an innovative … Read the full press release

Aviva report: Pension Wise, UK government’s guidance guarantee service, must discuss life expectancy as part of people’s retirement planning

Make life expectancy conversations mandatory and a core action for the government’s guidance guarantee service – Pension Wise. Help retirees understand the nuances of life expectancy and the link to lifestyle factors. Give retirees the online tools and information to … Read the full press release

Aviva offers a year of free life cover worth £15,000 to each UK parent of a child aged under five

Parents can register for a year of free life cover before their child’s fourth birthday Cover has been increased to £15,000 per parent, per child Available to all UK parents including biological, adoptive and same sex couples LONDON, 27-1-2015 — … Read the full press release

Aviva’s bi-annual Family Finances Report: working parents in UK are being hamstrung by childcare costs with thousands effectively working for nothing

Parents of 0-5s juggle earnings with childcare expenses 1 in 10 families using childcare for 0-5s say lower earner takes home nothing after childcare / work costs are paid Lower earner typically brings home just £243 after childcare / work … Read the full press release

Aviva Family Finance Report: incomes and debts have risen in tandem for UK families over the last 6 months

Typical household income is up by four percent since July 2014 But household debt more than doubles in same period to more than £16,000 More families are saving regularly, but the size of savings pots has shrunk More families protect … Read the full press release

Aviva recommends retirees should consider a mix of solutions to fund their retirement in their Making Good Retirement Choices report

LONDON, 30-9-2014 — /EuropaWire/ — Retirees should consider a mix of solutions to fund their retirement rather than take a once-only annuity versus income drawdown decision, an investment special report from Aviva recommends. Aviva’s Making Good Retirement Choices report takes … Read the full press release

UK: Aviva secured buy-in arrangement with Interserve Pension Scheme covering £300 million of pensioner liabilities

LONDON, 1-9-2014 — /EuropaWire/ — Aviva has secured a buy-in arrangement with the Interserve Pension Scheme covering £300 million of pensioner liabilities, following a competitive tender process. The Trustee of the Interserve Pension Scheme was advised by LCP as lead adviser, … Read the full press release

Aviva plc to sell entire 47% stake in its South Korean business Woori Aviva Life Insurance to NongHyup Financial Group

LONDON, 15-4-2014 — /EuropaWire/ — Aviva plc (“Aviva”) today announces that it has reached agreement to sell its entire 47% stake in its South Korean business Woori Aviva Life Insurance (“WALI”) to NongHyup Financial Group (“NHFG”). WALI is majority owned by … Read the full press release

Aviva UK removed troponin level requirement for heart attack claims to be paid

LONDON, 15-4-2014 — /EuropaWire/ — Aviva has enhanced its heart attack definition on new critical illness policies, meaning it will now pay out on the diagnosis of a heart attack, regardless of how severe it is. This removes the requirement for … Read the full press release

Aviva announced it will invest £500 million in UK infrastructure projects

London, UK, 19-12-2013 — /EuropaWire/ — Aviva announces that it is making an immediate allocation of £500 million to invest in UK infrastructure projects. This commitment is a direct result of the recent agreement on Solvency II, the European wide insurance regulation, … Read the full press release

New methodology reveals Aviva’s carbon offset programme has positively impacted the lives of more than 200,000 people

30-8-2013 — /EuropaWire/ — Aviva, the UK’s largest insurer and one of Europe’s leading providers of life and general insurance partnered with climate and development experts ClimateCare, to develop a new way to measure and report the full impact of offsetting Aviva’s … Read the full press release