Aviva cuts with-profits rates on new business

While most regular bonus rates have remained the same, the firm says it has cut income rates to match changes already made to unitised with-profits bonuses. The firm reviews its regular income rates on January 1 each year, and has opted to reduce the rate for new business by 0.75%. Regular bonus rates for ex-CGNU policies have also been reduced, down 0.5%, which Aviva says brings the guarantees on the policies into line with the actual performance of the fund. Most other regular bonuses have been maintained at their current levels. Customers with unitised life and pension polici...