View more on these topics

Aviva and Spottiswoode could be close to deal on inherited estate

Speculation is mounting that Aviva and Clare Spottiswoode could be close to submitting a proposal to the FSA over the insurer’s inherited estate.

Spottiswoode is representing policyholders in discussions over how to distribute the £5bn surplus – or inherited estate – which is the money over and above what is needed to meet obligations to policyholder’s built up over decades.

Press reports suggest the two parties are close to striking a deal, which could result in payouts for more than a million policyholders.

The regulator is likely to take several weeks to consider the matter.

Recommended

UBS in 8bn rights issue

UBS is to launch a 7.8bn rights issue. The fully underwritten rights issue will be offered to shareholders at a discount of more than 30 per cent.

Three reappointed to FSCS board

The FSA has reappointed three non-executive directors to the board of the Financial Services Compensation Scheme, effective from 1 June 2008.

UK housebuilders remain a value trap – despite post-Brexit falls

By Mark Martin & Holly Cassell, Neptune UK Equities As investors continue to digest the UK electorate’s vote to leave the EU, Neptune’s Mark Martin and Holly Cassell explain why they believe housebuilders remain dangerously overvalued Click here to view full article Important information  Investment risks  Neptune funds may have a high historic volatility rating and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com