Aviva asks policyholders to vote on inherited estate

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Aviva has sent voting packs to around one million policyholders over its proposed reattribution plan.

The reattribution of its with-profits funds' inherited estate was delayed due to volatile market conditions, but a new deal was struck with policyholder advocate, Clare Spottiswoode. Policyholders can vote to receive a payment of between £200 and £1,150, but they must also give up their right to any future claim on the inherited estate. Along with voting forms and an indicating of their payout value, policyholders will also receive information from Aviva and Clare Spottiswoode on why they believe the deal is best for both parties. Originally, Aviva had negotiated a total payout of £1b...

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