The A Gomez Limited Retirement Benefits Scheme has completed a £4.8m bulk purchase annuity (BPA) buyout with Aviva.
The A Gomez Limited Retirement Benefits Scheme has completed a £4.8m buyout with Aviva following a six-month process ...
Produce firm A Gomez has completed a £4.8 million buy-out for its retirement benefits scheme in a six-month process.
Meanwhile, the wealth division reported net flows of £10.3bn, up from £8.3bn last year. Aviva also reported its highest year of bulk purchase annuity sales, which drove revenue in the retirement ...
Aviva posted retirement sales that jumped in 2024 ... driven by its highest year of bulk purchase annuity sales which came in at £7.8bn. But equity release new premiums slumped 38% to £265m, “due to ...
This Reckitt Benckiser spinout isn’t in the same territory as the pharma majors, but its story contains many familiar elements: blockbuster drugs, battles with regulators, pipeline problems, US ...
Finally, in retirement, we delivered record bulk purchase annuity volumes with continued support on asset origination from Mark and the team in Aviva Investors. This meets [Technical Difficulty ...
supported by the completion of Aviva's acquisition of AIG UK in April. Retirement sales surged 67% on last year to £7.3bn, driven by an almost doubling of bulk purchase annuity volumes to £6.1bn.
Aviva said its acquisition of AIG's UK protection business helped drive a 42% rise in protection sales, while the firm also delivered its highest-ever bulk purchase annuity sales of £7.8bn.
A bulk annuity deal in February 2018 saw the Sea Containers 1983 Pension Scheme being insured by Aviva in a £187m buy-out. A similar £600m deal in 2017 saw Aviva buy-in to the Pearson Pension Plan.