Aviva launches three-tier pension proposition

In July IFAonline revealed the insurer was launching a simplified proposition to compete with fellow providers Aegon and Scottish Life. In addition to ‘Flex', the option at SIPP level with full access to sophisticated assets including commercial property, Aviva will now facilitate a ‘Core' level, with access to a small number of insured funds. ‘Choice', the middle proposition, will offer insured funds along with a full range of collectives. All three can be used as one wrapper, allowing advisers to transfer clients when their needs require. Senior marketing manager Phil Ralli (p...