News

Aviva is selling 15% of its stake in Delta Lloyd and will no longer be the majority shareholder in the Dutch insurer.

Novia has poached five staff from Skandia to work on its new project with Aegon.

LifeQuote, the protection portal owned by Direct Life & Pension Services (DLPS), has added Unum's Income Protection plan to its service.

SIPP and wrap providers who do not currently pay VAT on fees for their services could find they are actually liable, warns Malcolm Small, policy director at the Tax Incentivised Savings Association (TISA).

Adrian Grace, the new chief executive of Aegon UK, discusses filling Otto Thoresen's shoes, the insurer's platform tie-up with Novia and a commitment to the intermediary market.

NEST (the National Employment Savings Trust) could open the door to expansion of the group life market, according to new research.

Liverpool Victoria is poised to sell its investment arm LV= Asset Management, according to reports.

Aviva paid almost 95% of critical illness (CI) claims and 99.6% of those resulting from death last year.

Nucleus chief executive David Ferguson says the IFA-owned wrap will break-even this year, after operating losses shrunk to £1.7m in 2010.

The value of Just Retirement's new annuity business grew by £29.3m to £378.6m in the six months to 31 December 2010.