Aviva

Prudential's largest shareholder, the Capital Group, is eying a potential break-up of the insurer as a radical alternative to its $35.5bn AIA acquisition.

Aviva paid out 1,499 critical illness (CI) claims during 2009, totalling almost £118m, with a 2% non disclosure rate, according to data released today.

Aviva has confirmed plans to close both the Aviva and RAC final salary schemes to future accruals.

PruProtect says it is "reviewing" entry into the direct-to-consumer (D2C) space, putting it in direct competition with financial advisers.

Aviva has launched a new Speedy Diagnostics service to provide prompt access to specialist consultations and diagnostic tests.

Aviva has launched an improved group risk website to inform and educate intermediaries on the benefits of the sector.

WPA has accused financial service companies of relying on "wings and prayers" to provide security for their clients' data.

IFAs expecting a decade heavy with new protection offerings could be disappointed, as providers plan to focus on adviser education not "churning" products.

Aviva has reduced the annual management charge (AMC) on its wrap for new business and re-registrations for one year.

Annuity rates tumbled in April after a brief period of stability during the winter, according to Alexander Forbes Annuity Bureau.