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Aviva is the sixth largest insurance group in the world as at 31 December 2009. It has over 46,000 customers and serves over 53 million customers in 28 different countries. The company prides itself on providing affordable health insurance as well as offering important advice to its customers regarding pension plans. It is authorised and regulated by the Financial Services Authority and is an avid sponsor of athletics and the Case Management Society which helps assist those who are going back to work after a serious injury.
Product Range and Speciality Products
Aviva offers a myriad of options for those entering retirement as well as people who like to plan their pension meticulously. Their pension tracker allows you to take control of your pension by managing it online 24/7. Their stakeholder pension option enables you to begin saving with as little as £20. It is a flexible long-term investment strategy which offers tax relief of up to £2,880 per annum. For homeowners who are unsure if their retirement income is enough comes the equity release option. This basically allows you to move some of the money that you have in your home without you having to move. Aviva promise to help anyone who decides on this option with their experts assisting you every step of the way.
There doesn’t appear to be a specific set of packages for companies but there is a dedicated website which gives advice to companies and shareholders alike regarding credit ratings and investment strategies.
Aviva sells its products through IFA’s and directly to customers with seven million customers served by its UK Life section which gives advice and sells pension plans face to face or over the phone. Customers can also buy their products online and through Aviva’s distribution partners such as the Royal Bank of Scotland