Aviva Investors has sold its sustainable and responsible investments (SRI) funds business to Alliance Trust Investments in a £1m deal.
Standard Life and Aviva have said that a letter from the Honister administrator to advisers stating it would not approve the bulk transfer of ex-Honister client agencies will not affect their decision on the issue.
Aviva is set to expand its equity release pilot scheme, following a successful trial period earlier this year.
Equity release advances have increased to the highest level in two and a half years according to the Equity Release Council (ERC).
Aviva is to roll out a simplified pension proposition on its platform, sitting between its ISA and SIPP models.
The proportion of advisers intending to leave the industry ahead of Retail Distribution Review (RDR) implementation appears to be levelling out, a survey has suggested.
The Financial Services Authority )FSA) has banned Quintillion Asset Management from conducting regulated business, after failing to pay fees and levies of over £8,000.
Aviva has extended cover on its critical illness (CI) policies with benefits for additional conditions, ABI+ definitions and child cover.
Advisers have expressed concerns about a new annuity comparison tool on the Money Advice Service (MAS) which links to the Saga Annuity Service, a tied agent.