RP: Five things you might have missed

Aviva UK has reported a 21% drop in the value of new life business it wrote in the first half of the year, mainly due to a steep fall in annuity business. Legal & General (L&G) is considering launching lifetime mortgages as more retirees eye equity release to fund their income. All UK commercial property should be classed as a non-standard asset in a self-invested personal pension (SIPP) due to the uncertainty that exists around transfers, according to Suffolk Life. Annuity margins at insurer Standard Life were down 59% in the first half of the year due to the sweeping changes to r...