Aviva

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.

Aviva has overhauled its senior management team and announced a revised strategic business plan after major shareholders raised serious concerns.

Aviva has fired dozens of senior managers and may look to offload a fifth of its business units after carrying out a review of the company, according to reports.

THE BIG QUESTION

Aviva has launched its initial adviser charging guide detailing which products qualify and how adviser charging will be enabled on those products.

Over half of IFAs deal with two or more SIPP providers for expertise, according to research from Splice Consulting.

Insurer Aviva's core protection products are to be made available to Tesco Bank customers after the companies agreed a five-year deal.

The government cannot encourage people to save more, amid concerns a decline in spending could shut off the economic recovery, policy experts say.