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

CACEIS agrees to voluntary £31.7m payment as firm censured by FCA over WealthTek

CACEIS agrees to voluntary £31.7m payment as firm censured by FCA over WealthTek

Formerly Vertus Asset Management

Patrick Brusnahan
clock 25 June 2026 • 2 min read
M&G shuffles board as Clare Thompson steps down

M&G shuffles board as Clare Thompson steps down

Will depart following HY results

Patrick Brusnahan
clock 24 June 2026 • 2 min read
Big interview: True Potential Wealth Management CEO Stuart Dodson

Big interview: True Potential Wealth Management CEO Stuart Dodson

Firm has made ‘very good progress’ with redress programme

Isabel Baxter
clock 23 June 2026 • 7 min read