Aviva to launch corporate wrap next year

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Aviva is set to launch a corporate wrap solution next year as it looks to grab a foothold in the workplace savings market.

The insurer said it will roll out an initial workplace benefits proposition offering SIPPs and ISAs and other features in the first quarter of next year. A second phase with additional functionality will launch a few months later. Third parties will be involved in the new workplace proposition which is being aimed at employers across the board - from companies with 50 employees up to large organisations. The first phased rollout will enable employers to sign up to the proposition and configure their systems for a second phase of features set to be in place by the middle of next year. ...

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