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Gwm121, there are many insurance opportunities available. Indeed, L & G is one option, I already have them but may add. Having read Aviva Diversity report it is a well written waffle full of political correctness, effectively "Saying Nothing". I find the expression "Black Lives Matter", as clearly depicted in the report, offensive and insulting. How about Asian Lives, Chinese Lives, in other words "All Lives Matter". Ironically, some of the BLM movement in America ran off with a load of money spending it on themselves! This is my last post here, good luck with your investing and may 2024 be profitable for you.
NICKTIM... av had unjustified takeover rumours recently.. do u really want no exposure to this? . all into lgen ??? why not phoenix. Unfortunately!!!! the high div shres imo dont rise over time like others, so again in a move maybe 10pc into growth like rroyce, and lpc into bluesky/or/bust ones. ggp oxford bio aau.
Thx for replies on annuity all, one question not answered was,, why on quick quotes n(o fin advisior,) do lgen aviva come out so much less than the little known ones like just. ..£1500 a year less on £150k
northernmuppet
" it told me that they were going to move out of certain investments - fossil fuels, tobacco, armaments"
in the last few years i have messages aviva about this and giving away my money to citizens advice and stated that as i shareholder i disapprove of these policies (mostly esg ones, but should not give away money without a vote) and if the staff at aviva want to push political virtue signaling policies they should do this in their own time with their own money. bot times a got a polite response but not proper justification for this policy. here is an extract of .the response.
"aviva is fully committed and proud of its record on supporting climate related issues and charitable organisations that share our values and purpose. we are convinced that using financially material environmental, social and governance (esg) information in our investment processes leads to better-informed investment decisions and better risk-adjusted returns in the long run; which is in the best interest of aviva and its shareholders.
aviva cannot be successful in isolation and commitment to protecting the planet and supporting the community in which we are based makes good business sense. section 172 companies act also supports this view in requiring boards to consider the needs not just of its shareholders and customers but also its wider stakeholders. our current ceo, amanda blanc, has set out her strategy focusing on growing the business, putting customers at the heart of everything we do, improving efficiency and ensuring the sustainability of the business. since her appointment from 6 july 2020 to 6 december 2022, the aviva share price has increased by approx. 56% against some really turbulent economic conditions. we returned capital to shareholders through a £1 billion share buyback programme that finished in march and returned £3.75 billion to our ordinary shareholders through a b share scheme in may. as previously announced with our half year results, given our strong capital position and prospects we will be further providing return to our shareholders as we anticipate commencing a new share buyback programme with the 2022 full year results (subject to market conditions and regulatory approval).
with regards to the queries you raised in your email -
in october, aviva pledged £7m and £2m to citizens advice and the money advice trust’s business debtline service respectively over the next two years. as people across the uk struggle to cope with rises in the cost of living."
after the latest sexist and ****** attack on older men being one myself i will never use any of avivas services again, they are now too political and it will cost us shareholders.
I too have only a small holding in Aviva. This political correctness will show at some point in time. Blanc in my opinion will ruin what was once a great company. I have L & G and like what they do. Looking to liquidate all of my Aviva assets in New Year. Will be very happy at any price above £3.50, current price £4.30.
Nothing to be sorry about, Administrative shenanigans are not what you need at a time like this. Personally in a situation like this I would just raise a complaint - https://www.aviva.co.uk/help-and-support/contact-us/complaints/ or alternatively use ContactOut to get The CEOs email address and write directly - https://contactout.com/Amanda-Blanc-82206998
CEOs hate to get complaints, and they really don't like them this close to XMAS. In the UK we generally get terrible customer service, and rather than losing the will to live in a phone queue talking to someone in India who hasn't got a scooby about your issue (and who frankly doesn't care) I would just avoid the hassle. Pretty sure that someone will pick up the email to the CEO and do something pretty quickly.
Thank you guys+girls I have complied with all asked of us don't know why a payment should mess up Aviva said it was refused THEN RECALLED. but went in to the building society yesterday and they said the would not reject a payment especially from an Insurance company,
Sorry to all I should have not posted this on hear may be have to get a loan.
Just our world is falling apart really need a magic wand.
As i have said sorry and thank you for your comments .xxs
Denby, Condolences for your loss. I know this is probably a stupid question but have you sent them, and have they received, all the documents that they need to complete processing the claim? When you call them that only starts the process. You still need to provide them with an original death certificate plus any other document they might request before the claim will be paid. Also, I know it's a bit of prosaic, but have you checked who the nominated recipient is on the insurance policy and how payment is normally made (is payment made by cheque or bank transfer). If the payment was nominated to be paid directly into the deceased's bank account, then you might want to check with their bank whether any payment has been received (presuming access to the bank account has now been stopped); if the funds have been paid direct into the deceased's bank account you can still request that the bank provide the funds to pay the funeral costs, on provision of an appropriate invoice, without the need for probabte to be granted (as I understand). Have you spoken to Aviva since? Have they given you any explanation for the delay?
Sorry, I used the slang term for cigarettes and got ***! Clearly LSE doesn't use an AI chat bot ;-)
w4, i think the reference to a reduction in investment in certain sectors was in reference to pension schemes under aviva management and (supposed) virtue posturing. it's somewhat damned if you do and damned if you don't imho. if large investors are increasingly looking to move out of guns, ***s, oil, mining, booze etc. you can either ignore the trend or get ahead of the game. the reality is that, despite the occasional market-lead uplifts e.g. increased demand for commodities in (say) china, wars, gas/oil spikes etc, many of these sectors continue to trade on high yields because they've been unable to sustain these market gains in-between times and there's been an increasing shift in the market over (say) the last 10+ years towards the us model of chasing capital growth rather dividends (and selling shares to generate income). at the moment the us model is tending to win out in term of overall return but that could change.
WE HAVE had A BAD EXPERIENCE WITH THIS COMPANY THEY DO QUITE A LOT OF THINGS BY PHONE
WE have had a bereavement early in December the 3rd and we have a funeral in just over 1 Weeks time and we were told by phone that we would receive the funds on the 8/12/233 so we could use this to pay for part of the funeral on the 11/12/23 IT is NOW 21 days since the TRAGIC LOSS OF A RELATION AND WE CANNOT PAY ALL THE funeral costs DUE TO AVIVAs bad administration AVOID THIS company, for insurance.
Have been out of touch for some days due to illness, now resolved, and have ploughed through a mass of verbiage about our esteemed leader Amanda and her actions/o[policies, some of it quite vitriolic, but without being able to ascertain the reason
Would appreciate a thumbnail sketch of the origin of this latest chapter in the Aviva Story
(I did pick up on the reduction in investment in certain sectors and that disturbs me somewhat. How can a handful of chaps/chappesses round a table assume that their shareholders hold the same views, shareholders who are expecting their BoD to make the best returns, not play ducks and drakes with their money)
“ Whats your overview on phnx, why buy it when lgen is predictable stable high divi, just asking!”
From The Sunday Times, 14 March 2023 -
“ Pushing through a near-4 per cent rise in the dividend to 50.8p leaves the shares offering a dividend yield of 8.6 per cent...
… How sustainable is that dividend? Phoenix has business generating £12.1 billion of free cash, after the repayment of debt and interest costs. That would cover the present £500 million cost of the annual dividend as it stands for more than 20 years without Phoenix writing any new business or M&A deals.”
Apple News - https://apple.news/A8qC9h5ShQ8ScNEyB27aNyw
Web - https://www.thetimes.co.uk/article/dependable-dividend-a-big-attraction-for-phoenix-group-holdings-xh7xbhq0c
Nolo
interesting, sold aviva bought lgen phenix
Whats your overview on phnx, why buy it when lgen is predictable stable high divi, just asking!
Edge this is a v good board, sometimes offtopic convo on alternatives to aviva like funds to do the same job (rising hi divi).
The board which is super annoying is vod, where many of the posts are a guess at next day or friday price.. just a guess and no reasoning.
It’s not just aviva , standard life (phnx) refrained from investing anything in my pension in BAE on the grounds they dont support nuclear weapons.
So they’ve missed an opportunity that had progressive investment taken place would have greatly benefited me on current price.
No one asks do I have an issue with nuclear . Why do they operate on that basis lol
That's what I thought until I logged in this morning. Some of the content belongs more in X (formerly Twitter) or some other social media forum - not here. I want to read analysis and views on Aviva - too much to ask?
Allatsea,
None of us want to go back to the old school network way of running things (my wife’s great uncle was one of the worst governors of the Bank of England in a century and appointed because of who he was and where he went to school etc.)
What we want and have got close to in recent years is a meritocracy and I don’t want to see that progress undone. I want the best people in the job regardless of where they went to school, their race, sex or orientation.
For what it’s worth, a rather speculative mention of blanc in relation to BP chair:
https://www.thetimes.co.uk/article/688efd4c-9063-428a-869d-437985d583ce?shareToken=0cc97a0125d5fd9a9f97ac5cf26b976f
A couple of months ago, I received a letter about the small pension that I held with Aviva. It told me that they were going to move out of certain investments - fossil fuels, tobacco, armaments from memory. At this point, I transferred this pension across to my SIPP on the basis that Aviva were not doing what I EXPECTED them to do - i.e. get the very best return for my investment. If they want to signal their virtue, they're welcome to do so, but not with MY money.
I have also held for some time an investment in AVIVA in my SIPP. Upon reading of the views of AB, I have now sold this too. Again, if they want to signal their virtue etc etc.
I don't care a fig about colour, politics, gender etc etc - I simply expect the BEST person for the job. A meritocracy, if you like. I would suggest to AVIVA that they let the politicians do the politics, and you stick to making money!
If ever there were arguments against old white men, then Adrian Montague, Andrew Moss, Bob Scott are they. The bad old days.
The fact is that one can overlook a ceo posturing in front of an audience if they are delivering the goods. The problem here is that it has reinforced my worry that Blanc has her eye on the wrong ball and for that reason I have not been overweight in AV to the extent that I am in LGEN and PHNX.
Both of whom have had a multiple of AV’s Santa rally.
However, this was the final straw and so this morning I sold my long held AV position and split it between LGEN and PHNX.
GLA
Isn’t this a forum for sharing Aviva intel and interest 🤷🏻♂️
According to the Office of National Statistics, the 'white British' in London are now less than 36%. So, who is the minority there? Check for yourself.
A reasoned explanation of your viewpoint would be of more interest rather than gratuitous insults.
Nd
Never have I read such a lot of nonsense. You really do need to take yourself in hand.