RE: sp4 Dec 2018 15:03
I emailed them and asked. All I got was a load of waffle about
" Unfortunately, there has been a sharp fall in global stock markets in the last quarter with the FTSE 100 down around 8% for the year to date"
"The UK Insurance sector has come under particular pressure,"
".... we remain on track to deliver our Full Year 2018 targets"
"The departure of Mark Wilson was not associated with any issues with regard to the underlying trading on the business"
. " The search for a successor has commenced and is expected to be completed within the next three months. Mark Wilson will remain with the group until April 2019 and will assist with the planned and orderly transition."
etcetc.
In response to them I said:-
"Thank you for your comprehensive response.
However it does nothing to justify Aviva's appalling performance when compared with your major competitors in the shape of Legal & General and Prudential over the last 10 years:
L&G Nov 2008 68.6p
Nov 2018 245.3p +257%
Prudential Nov 2008 322p
Nov 2018 1,575p +389%
Aviva Nov 2008 380.5
Nov 2018 415.2 +9%
I think the figures speak for themselves unless, of course, you can quote extremely extenuating circumstances."
To date I have not received a response.