Exclusive: Aviva overhauls declining advice proposition

Will offer simplified advice

Jenna Brown
clock • 4 min read

Aviva Financial Advice is “absolutely committed” to the sector despite fluctuating adviser numbers since its inception in 2016 and a full-scale strategic review which refocused the business, its managing director has said.

Speaking to Professional Adviser, Mary Harper said the life company's advice arm's original at-retirement focus was "too narrow" and, now, the restricted business is establishing a whole of wealth advice remit delivered in a variety of ways following a business review. The insurer's advice arm, she added, is in the midst of setting up a simplified advice operation set for launch this year. Aviva re-entered the advice market in 2016 with the aim of filling a gap in the market created by the Retail Distribution Review and the opportunity presented by the introduction of pensions freedom, w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Amber River agrees sale to Stone Point Capital

Amber River agrees sale to Stone Point Capital

Deal to close in summer with Penta Capital still onboard as ‘key investor’

Isabel Baxter
clock 19 February 2026 • 2 min read
Managers on 'wait and see' footing following Schroders-Nuveen deal

Managers on 'wait and see' footing following Schroders-Nuveen deal

Scale no longer a 'luxury'

Patrick Brusnahan
clock 19 February 2026 • 3 min read
St James's Place loses 43 advisers in second half of 2025 - report

St James's Place loses 43 advisers in second half of 2025 - report

Quilter Financial Planning adds the most advisers

Isabel Baxter
clock 19 February 2026 • 2 min read