TITLE

Aviva rewrites adviser contracts

AUTHOR(S)
Holt, Natalie
PUB. DATE
September 2012
SOURCE
Money Marketing;9/6/2012, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the new terms of business for financial advisers for Aviva which will apply to businesses written with the firm prior to September 17, 2012. It contends that changes have come ahead of the implementation of the Retail Distribution Review (RDR) in Great Britain. It discusses changes in the document including the removal of the term "orphan clients," details of conditions under which the firm may contact clients directly, and adviser charge agreement.
ACCESSION #
79857772

 

Related Articles

  • Research suggests only 3% of IFAs to quit by RDR. Holt, Natalie // Fundweb;7/18/2012, p1 

    The article offers information on a survey conducted by Aviva PLC, according to which only three percent of the financial advisors are planning to leave the insurance industry, following the implication of retail distribution review in Great Britain. According to Andy Beswick, director at Aviva,...

  • Aviva takes the open approach. McKenna, Ian // Money Marketing;9/6/2012, p26 

    The article features preparations of Aviva for the Retail Distribution Review (RDR) in Great Britain. According to Andy Curran, managing director for savings and investments, the firm will be RDR-compliant starting September 2012. It discusses initiatives of Aviva to qualify members of its...

  • Aviva sets out orphan clause. Pow, Helen // Money Marketing;5/28/2009, p5 

    The article reports on the move of Aviva PLC to add a clause to its terms of business document for Independent Financial Advisors (IFAs) in Great Britain. The initiative specifies that Aviva can market directly to clients who deems to be orphaned by their adviser. It states that the clause...

  • If you lead, they will follow. Riegelhuth, Sarah; Kelly, Finn // Money Management;8/16/2012, Vol. 26 Issue 31, p19 

    The article focuses on the role of financial advisers to educate their clients regarding good quality advice in making financial decisions.

  • Providers: Govt consultancy charging ban should not be retrospective. Selby, Tom // Money Marketing (Online Edition);2/14/2013, p12 

    The article reports on the views of pension providers Aviva PLC and Aegon that if the British government bans consultancy charging, advisers are unlikely to need to renegotiate existing consultancy charging terms. According to Aviva corporate benefits head of policy John Lawson, the government...

  • Half of advisers continue to serve clients with less than £50k. Glenister, Michael // Money Marketing (Online Edition);10/17/2013, p36 

    The article offers information on the findings of a survey on the clients of advisers in Great Britain. The Adviser Barometer survey by Aviva PLC included 1231 advisers in September 2013. It reveals that 46 per cent of advisers polled work with clients with less than £50,000, while 36 per...

  • Riding the wrap. Cicutti, Nic // Money Marketing;2/4/2010, p38 

    In this article, the author discusses the preparedness of Aviva PLC to allow independent financial advisers (IFAs) to commission up to 10 percent of client assets on its wrap platform. He notes that the wraps offered charging structure to the clients. He points out that the clients paid asset...

  • Aviva goes online and signature-free. Tyson-Chan, Darin // Money Management;6/7/2007, Vol. 21 Issue 20, p12 

    The article reports on the plan of Aviva PLC to launch Riskfirst, a signature-free online underwriting platform, in Australia. The company states that the online service will give an opportunity for financial planners to process insurance applications from clients, thereby saving processing...

  • Choosing the Right Financial Advisor. Fishman, Jeffrey // CPA Journal;Sep2009, Vol. 79 Issue 9, p6 

    The article suggests the steps to be taken by accountants and their clients when choosing a financial advisor. The first step explained is asking for a copy of the advisor's Form ADV I, ADV II and Schedule F followed by asking for references and considering the advisor's media recognition. It is...

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