Aviva

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.

Advisers have been urged to review cases where they arranged the transfer of non-protected pension rights after a portion of a client's pension went missing for four years.

WHAT AUSTERITY?

In this week's quick fire poll we ask: Does SHIP's rebrand into the Equity Release Council fill you with greater confidence in equity release?