Aviva

Insurer Aviva has strengthened its balance sheet by selling its 34 million share stake in Dutch insurer Delta Lloyd via a private placing.

Retirees are becoming more economically active with one in three (39%) over-55s continuing to receive a wage, according to Aviva.

The UK's over-55s are working longer as they fall back on their savings to meet living costs, according to research.

About a quarter of over-55s will spend at least two decades of their 'winding down years' saddled with some debt, Aviva research suggests.

Aviva has launched an iPad app to help advisers service their clients after the Retail Distribution Review (RDR).

Over one third of advisers are considering changing their platform in the next 12 months according to a report released today.

Product provider Aviva is set to cut a further 120 jobs as it continues to target cost savings of £400m.

Aviva has launched an additional two pension levels on its platform to sit alongside its current self-invested personal pension (SIPP) business.

RDR

Nine in ten advisers say equity release is relevant to their client bank, according to a new research released today.