Exclusive: Aviva overhauls declining advice proposition

Will offer simplified advice

Jenna Brown
clock • 4 min read

Aviva Financial Advice is “absolutely committed” to the sector despite fluctuating adviser numbers since its inception in 2016 and a full-scale strategic review which refocused the business, its managing director has said.

Speaking to Professional Adviser, Mary Harper said the life company's advice arm's original at-retirement focus was "too narrow" and, now, the restricted business is establishing a whole of wealth advice remit delivered in a variety of ways following a business review. The insurer's advice arm, she added, is in the midst of setting up a simplified advice operation set for launch this year. Aviva re-entered the advice market in 2016 with the aim of filling a gap in the market created by the Retail Distribution Review and the opportunity presented by the introduction of pensions freedom, w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Quilter adds PHW Wealth Partners to advice network to expand in Northern Ireland

Quilter adds PHW Wealth Partners to advice network to expand in Northern Ireland

Founded by Chris Power, Ciaran Hamill and Stephen Warke

Isabel Baxter
clock 25 March 2025 • 1 min read
Finli completes second acquisition in two months

Finli completes second acquisition in two months

Aims to add £1bn in assets with a ‘raft’ of deals to come this year

Isabel Baxter
clock 24 March 2025 • 3 min read
7IM sees platform gross and net inflows double

7IM sees platform gross and net inflows double

Platform records ‘record’ growth in Q4 as gross inflows exceed £1bn

Isabel Baxter
clock 21 March 2025 • 2 min read