TITLE

Aviva orphan cash blackout angers advocate

AUTHOR(S)
York, Nicola
PUB. DATE
June 2009
SOURCE
Money Marketing;6/25/2009, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the issue regarding Aviva policyholder advocate Clare Spottiswoode and the dispute over the blanking-out of key figures in the report on the reattribution of the estate. Aviva claimed that the figures were comercially sensitive, but Spottiswoode disagreed. She believed that the figures would not be advantageous to competition, but would be helpful to policyholders. Comments from Office of the Policyholder Advocate director of communications Jonathan Haslam are presented.
ACCESSION #
43380889

 

Related Articles

  • Aviva scraps £1bn orphan cash deal as values slump. Milner, Leah // Money Marketing;2/12/2009, p30 

    The article reports on the move of Aviva PLC to backtrack its planned £1 billion reattribution with policyholder advocate Clare Spottiswoode in Great Britain. The move came after it has reported sales of £11.9 billion. The company asserts that the move was due to the declining value of the...

  • Advocate leads way in Aviva £3bn deal. York, Nicola // Money Marketing;11/30/2006, p19 

    The article reports that Aviva PLC is set to unfold on the reattribution of its inherited estate in Great Britain. However, according to the author, such move will enable policyholders to wait at least 18 months before they likely to get any windfall. Former Ofgas head Clare Spottiswoode will...

  • Orphan payouts halved. Pow, Helen // Money Marketing;5/14/2009, p27 

    The article reports on the renegotiated reattribution deal of Aviva PLC and policyholder advocate Clare Spottiswoode regarding the payments of inherited estate to policyholders in Great Britain. It states that policyholders will only receive £500 half of the original payment due to the market...

  • Court passes Aviva's orphan cash deal. Pow, Helen // Money Marketing;9/24/2009, p11 

    The article reports on the decision of the High Court in Great Britain to approve the reattribution deal of Aviva in spite of the objections from the Norwich Union Policyholder's Action Group (NUPAG). Philip Meadowcroft, NUPAG co-founder, raises his concerns regarding the obligations of Aviva's...

  • Clare Spottiswoode.  // Money Marketing;1/11/2007, p39 

    The article profiles Clare Spottiswoode, the deputy chairman of the British Energy PLC and the policyholder advocate for Aviva PLC's inherited estate in Great Britain. Spottiswoode had started her first business by importing cottons and silks from Thailand with £32 that was lent by her...

  • Advocate hands in response to NU plan for orphan cash. York, Nicola // Money Marketing;3/20/2008, p10 

    The article reports on the response of Aviva policyholder advocate Clare Spottiswoode to Norwich Union PLC's offer in Great Britain. The said offer is for the reattribution of Norwich Union's £5 billion inherited estate in its with-profits funds. Spottiswoode presented a letter and supporting...

  • Advisers back advocate in NU £3bn cash split. York, Nicola // Money Marketing;2/7/2008, p1 

    The article focuses on the policy holders' rights over Norwich Union PLC's (NU) £5.5 billion inherited estate. NU said that it will pay special bonus of 2.3 billions to with-profits policyholders but they will have no automatic rights over the remaining 3.2 billion. Aviva policyholder...

  • Only a third back NU orphan plans. York, Nicola // Money Marketing;6/7/2007, p21 

    The article reports on the result of survey regarding the proposed reattribution of the Norwich Union PLC's (NU) inherited estate in Great Britain. It states that 35% of NU with-profits policyholders believe the plan is a good idea and 8% of the 6,500 policyholders thought the move would be a...

  • Orphan cash deal warning by Aviva. York, Nicola // Money Marketing;4/3/2008, p10 

    The article presents information on Aviva Ltd.'s warning that if its reattribution negotiations carry on for an indefinite period with policyholder advocate Clare Spottiswoode, reattribution is less likely to take place. According to Aviva's strategic projects director Mike Urmston shareholders...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics