Aviva Q4 boost softens weaker 2009 sales

clock

Aviva UK life and pensions new business sales fell almost 25% in 2009 as the insurer was hit by the tough economic conditions, but bumper Q4 sales have given it confidence for 2010.

Total life and pension new sales were £8.9bn last year on a PVNBP basis, down from £11.8bn in 2008, a drop of 24.8%. Elsewhere, collective investment sales dropped 29.3% to just over £1bn. Howev...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB schemes continue to show 'significant surplus', PwC finds

DB schemes continue to show 'significant surplus', PwC finds

The organisation said schemes reached a new funding record in October

Holly Roach
clock 07 November 2024 • 3 min read
DB endgame strategies must have capacity for flexibility, says Hymans

DB endgame strategies must have capacity for flexibility, says Hymans

Consultancy outlines changes of scenarios which could alter endgame planning

Martin Richmond
clock 06 November 2024 • 2 min read
Scheme funding levels improved in October, Broadstone finds

Scheme funding levels improved in October, Broadstone finds

Broadstone Sirius Index finds rise in interest rates improved half-hedged scheme surplus to 101.8%

Jasmine Urquhart
clock 06 November 2024 • 1 min read
Trustpilot