Aviva says 85% of new business value is RDR-proof

In a Q1 statement from chief executive Andrew Moss (pictured), Aviva said 65% of sales of its individual pension are already written on a consumer agreed fee basis. "We are well prepared for RDR. Our multi-product, multi-distribution approach, including being the market-leader in bancassurance, is a unique strength as 85% of our new business value is unaffected by RDR," it said. During 2011, Aviva said it will be integrating its adviser web portal and existing wrap platform to provide a single base for its investment and risk-based business on the biggest platform in the market. El...