We hope you find the Shareholder Services site useful and informative. IFRS 17 is a new accounting standard for insurers which is due to be implemented from 1 January 2023. The board of the FTSE 100 insurer is . As an Aviva shareholder, you help make us what we are today. Engaging with us online helps us give you a better service. It's good to see that Aviva has rewarded shareholders with a total shareholder return of 58% in the last twelve months. Our figure includes recurring special dividends. The information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of jurisdictions outside of England and Wales. "The board recognises the importance of the dividend to our shareholders, and continues to take actions to . as well as any spin-offs or discounted capital raisings offered to shareholders. As an illustrative example, if you had 100 ordinary Aviva shares at the relevant record date, youd receive 100 more B shares, then wed give you roughly 101 in exchange for those extra 100 B shares. Aviva calls for clarity on the financial sectors role in the goals and targets set by the Global Biodiversity Framework (GBF), due to be agreed at COP15 in Montreal. Aviva's operating profit rose 14% to 829 million pounds versus 742 million pounds seen in a company-supplied consensus forecast, helped by strong performance in commercial lines. Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Access regulatory, governance and risk information. The information contained in this announcement is for background purposes only and does not purport to be full or complete. The exercise is scheduled to start later this month, and we can assure any shareholders contacted by Georgeson that this exercise is authorised by Aviva. The Interserve Pension Scheme has completed a 400m buy-in with Aviva, securing the benefits of more than 7,000 members. This announcement has been issued by and is the sole responsibility of Aviva. If you were not able to join us, you will find a link to the recording in this months update. We believe everyone at Aviva should be able to be themselves. We have had an increasing number of reports from shareholders that they have received cold calls where they are asked to confirm personal details such as their address. Aviva plc ("Aviva" or the "Company") is pleased to announce today a proposed return of capital of 3.75 billion to the holders of its ordinary shares (the Shareholders) by way of a B share scheme (www.aviva.com/return-of-capital). When you get there, you might find it helpful to filter your search using the keywords 'return of capital'. Amanda Blanc, Group Chief Executive Officer, said: "In light of our confidence in the strength of the business and underlying cash flows, the Board has declared a 5% increase in the interim dividend to 7.35 pence per share.". Our sustainability ambition is focussed on three core areas. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. A shareholder circular in respect of the proposed return of capital is expected to be published on or around 4 April 2022, with a general meeting of the Shareholders to approve the proposed return of capital expected to be held on 9 May 2022 (the same date as the Companys annual general meeting). Story continues The annual report will be presented to member-owners and board members will be elected. At a General Meeting held on 9 May 2022 the proposed return of capital was approved by Shareholders. Share price data delayed by 15 minutes. Aviva's Solvency II ratio, a key measure of capital strength, came in at 198%. Kofi Eschoe-Wilson, Customer Service Consultant, on competing for his country, turning down Cirque du Soleil, and tackling taboo. Engaging with us online helps us give you a better service. Were the first major insurer worldwide to target Net Zero carbon by 2040. Our shares are listed on the London Stock . 33.4p. See the highlights from our 2021 Annual Report and download the full details. Use the links below to find out about your dividends, managing your shares online, shareholder meetings and our quarterly shareholder update. Despite the challenging environment, Aviva continues to perform strongly. Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Data from Investis, Download the shareholder update (PDF 237 KB), Download the shareholder update (PDF271.7 KB), Download the Shareholder update (PDF128.8 KB), Download the shareholder update (PDF429.8 KB), Newsletter sent to shareholders with the interim dividend (PDF 3.7 MB), how to stay safe from more investment scams, please see Aviva General Meetings - Friends Life Acquisition. Insurance giant Aviva is flush with cash and it doesn't look as if management is planning to hold on to this money for long.. Only months after returning 4.75bn to shareholders by way of a . Discover what guides our business and behaviours. Our sustainability ambition is focussed on three core areas. Our Taryn: They call me a conjuror of the dark arts. 3.75 billion will be returned to Shareholders by way of a B share scheme, involving the bonus issue of one new B share for each ordinary share held at the Record Time (as defined below) to Shareholders which the Company will subsequently redeem for cash. The benefits of our diversity, market positions and capital strength mean we are well placed to ride out any economic headwinds. We look forward to providing details on substantial capital returns to shareholders as we make progress with the completion of the divestments. Download the shareholder update (PDF429.8 KB). Were the first major insurer worldwide to target Net Zero carbon by 2040. Data from Investis, Annual Report and Accounts 2021 (PDF 10.9 MB). At the time of publication of this update the external environment remains difficult. This is equivalent to the electricity required to power over 680 homes per year2. Aviva has its own fund management arm . Car insurer Admiral also reversed 7% or 153p to 2119p and Aviva fell 18.4p to 440p. Youll need this to access your shareholder benefits. Our sustainability ambition is focussed on three core areas. 06/23/2021 | 06:31am EST *: *: * Dear Shareholder . Sustainability is fundamental to our strategy and culture. "Aviva has been poorly managed for many years, and its high-quality core businesses . Best wishes to you all as we approach the festive season, and thank you once again for your continued support for Aviva. View savings and insurance products and get a quote. New Aviva programme invests $3 million for EV chargers in under-served communities. See the highlights from our 2021 Annual Report and download the full details. Explore our news and research, opinions and podcasts. Please enable your browser JavaScript to view the video. Wed also encourage you to vote at the General Meeting, when ordinary shareholders are asked to approve the plan. Discover what guides our business and behaviours. Download the shareholder update (PDF271.7 KB). These are the findings of a new survey from Aviva Insurance Ireland DAC (Aviva), which polled 1,000 adults nationwide and examined peoples recent experience of drink drivers in the country. 7 Wall Street analysts have issued 12 month price objectives for Aviva's shares. Contacts and helpful information for managing your shares. Aviva's shares rose 6% to two-month highs. See the highlights from our 2021 Annual Report and download the full details. The amount of money a company paid to a shareholder for each share they own over the past 12 months, expressed in pence. The firm's Solvency II ratio, a key measure of capital strength, clocked in at 198%. Nigel Booth is head of index funds and manages some 20 index funds. Citizens Advice will help support as many as 250,000 additional people seeking support through phone lines, webchat and in community settings who may not otherwise have been helped. To read Avivas response to the result of the UK Referendum on EU membership, please read the recent news release. IFRS 17 is a new accounting standard for insurers which is due to be implemented from 1 January 2023. Discover what guides our business and behaviours. Customers should not rely on the information contained within these news releases to form the basis of investment decisions. Visit our brand website for Aviva logos and brand guidance. Our purpose and strategy - and what to expect if you join us. This announcement has been prepared in accordance with and for the purpose of complying with English law, the EU Regulation No. Engaging with us online helps us give you a better service. Here you will find information regarding your new Aviva shares such as details of dividend payments, information on how to elect to receive electronic communications, relevant contact details andFrequently Asked Questions. Were the first major insurer worldwide to target Net Zero carbon by 2040. Find out about our purpose, priorities and products. But we're living up to our purpose of 'with you today, for a better tomorrow' and have launched new, low cost, insurance products and are increasing the range and amount of . As people across the UK struggle to cope with rises in the cost of living, both charities are facing unprecedented levels of demand for advice and support. This is an illustrative example only based upon the average market capitalisation of the Company over the last five trading days in February 2022, adjusted for the 2021 final dividend. Aviva said in a statement after its annual general meeting in London that 54 percent of shareholders voted against the insurer's remuneration report. Tue Jan 17 2023 - 19:04. Shareholders who have registered for electronic communications will be notified each time Aviva publishes any Shareholder update on the website. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 1. The judges commended the foundations commitment to making a long-term difference while also being able to react to timely needs of charities and communities. Helped in part by the launch of our new brand, which you can read about in this update, we remain focused on improving performance further to deliver stronger returns for you, our shareholders. 14 Oct 2022. Aviva is returning 4.75bn to shareholders and has beefed up its cash generation and dividend guidance as part of chief executive Amanda Blanc's vision for a "simpler, leaner" business . Of course, the future is what really matters. Aviva undertakes a low cost postal share dealing programme with Computershare. Contacts and helpful information for managing your shares. This suggests a possible upside of 15.2% from the stock's current price. Remember to get legal and financial advice before putting your policy in a Trust. Just make sure that your address and bank details are correct to avoid any delays in receiving your payment. Discover how we protect people each day. Aviva had the following recent sustainability highlights. To find out more information and read the FAQs, go online at aviva.com/return-of-capital. Find out the steps you should take to protect yourself from share fraud and how to stay safe from more investment scams., Prosearch to start tracing programme of previous Friends Provident shareholders. The second way were returning excess capital to our shareholders is by giving 3.75bn to ordinary shareholders through a B share scheme. The changes to the terms and conditions are driven by regulatory changes introduced by the Financial Conduct Authority (FCA) relating to the way authorised and regulated firms should manage any assets (cash and/or shares) held on behalf of customers. Aviva enters growing offshore wind insurance market. However, for a limited period until 2 November 2015, you will be able to withdraw your shares from the Aviva Share Account and receive a share certificate, free of charge. The information in the Circular should only be accessed if you accept the terms of the disclaimer which can be accessed using the link below. Its chief . Avivas latest research reveals that the highest proportion (39%) of victims suffered abuse at the hands of their spouse/ partner. Our purpose and strategy - and what to expect if you join us. Weve now finished buying back 1bn worth of Aviva shares in total this started in August 2021 and ended 31 March 2022. Find out about our purpose, priorities and products. In this section you can find all the information and contact details you need to manage your shares. At the 2018 Annual General Meeting, shareholders approved changes to our Articles of Association allowing the implementation of a share forfeiture programme. Electric car drivers fear running out of charge but help is at hand from Aviva. The Canada General Insurance segment provides personal and commercial insurance products. On average, they predict the company's stock price to reach GBX 520.57 in the next twelve months. Find out about our purpose, priorities and products. This will allow us to sell shares of any holder who has not claimed a dividend for 12 years and not been in contact with our Registrar during that time. Our archive dates back to 2013. We have big ambitions at Avivato become the UKs go-to consumer brand. The regulatory changes are required due to the implementation of the Markets in Financial Instruments Directive II (MiFID II). According to the newspaper, two shareholders criticised Ms Blanc at the meeting. Please click on the links below for full details: Read the December 2018 shareholder update, Read the September 2018 shareholder update. If you currently receive the Annual Review or the full Annual Report and Accounts we will contact you with further details in due course. We advise shareholders to be very cautious of any cold calls they receive regarding their shareholdings or investment opportunities. Let us walk you through how to pick the right savings account for you, the ultimate budgeting template, setting up an emergency fund and more. To maintain comparability between the market price for Aviva ordinary shares and ADSs before and after the implementation of the B share scheme, it is proposed that the B share scheme will be accompanied by a share consolidation (and an equivalent consolidation of the ADSs) (the "Share Consolidation"). The actual consolidation ratio to be applied is expected to be published on or around 4 April 2022, and may be calculated on a different basis depending on share price volatility, with the directors of the Company retaining absolute discretion to determine the final ratio, including by reference to share price movement after the date of the publication of this announcement, amongst other things. Listen in as Martin, Natalie and Kofi share their stories of why Aviva Carers is so important, and why the community means so much to them. Easily manage your policies and shareholding. The B share scheme remains subject to shareholder approval and customary conditions, including no material deterioration in market conditions or the financial position of Aviva. Electric car drivers fear running out of charge but help is at hand from Aviva. 596/2014 as onshored into UK law on 31 December 2020 by the European (Withdrawal) Act 2018 and the Listing Rules and Disclosure Guidance and Transparency Rules of the Financial Conduct Authority. Aviva calls for clarity on the financial sectors role in the goals and targets set by the Global Biodiversity Framework (GBF), due to be agreed at COP15 in Montreal. More about our customers, people and history. Notification of voting rights and major interests in shares. How we help them get on with their lives for the whole of their lives. Matt Gordon can personally approve cover close to $1 billion. Aviva : Shareholder update - April 2022. Jan. 17Tommy Nobis Center, a Marietta-based nonprofit that helps individuals with disabilities enter or return to employment, recently added Debbie Pike and Randy Hain to their board of directors. Were proud to pay our people a Real Living Wage. Aviva and our Registrar, Computershare, have been contacted by a number of our shareholders regarding calls they have received from people claiming to represent Aviva plc. Read our shareholder updates for news and offers from Aviva. Aviva today announces it has completed a 13 million bulk purchase annuity full buy-out transaction with the trustees of the Musicians Union Permanent Officials and Staff Pension Fund. Information and contacts for institutional investors. Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Nigel graduated in business studies. Aviva recently gained approval to install a 77 metre wind turbine at our office in Perth that will provide renewable energy for the site. Aviva plc releases IFRS 17 update. In this wellbeing special episode, our host Johnny talks to Aviva employees and couple Matthew and Daniel about their experiences living with autism. Once operational, combined with the existing renewable infrastructure, the turbine will help deliver 100% of site electricity demand, making the site self-sustainable, while helping Perth towards its ambition to become Europes first net-zero small city. Aviva says it will return "at least" 4bn to shareholders by next June following a sweeping overhaul of the insurance group under new chief executive Amanda Blanc. Access regulatory, governance and risk information. Visit our brand website for Aviva logos and brand guidance. Our shareholder offers let us thank you for your support while keeping you covered every step of the way. Aviva launches young driver car insurance with Quotemehappy Connect. Aviva reports 16% rise in application fraud over same period in 2021, Aviva has blocked more than 23,300 fraudulent or suspect motor insurance applications through the first ten months of this year, Almost one in four Brits consider pulling back on their pension to ease the financial squeeze, Aviva completes 350m bulk annuity deal with Coats UK Pension Scheme. Discover our people, diversity and follow us on social media. We would like to confirm that a low cost share dealing programme is being provided for shareholders holding up to 1000 Aviva shares by Computershare. Easily manage your policies and shareholding. We believe everyone at Aviva should be able to be themselves. On 26 May 2021, we appointed Adam Winslow CEO of Aviva UK & Ireland General Insurance with immediate effect. View savings and insurance products and get a quote. Search our news releases and research reports. Average UK home electricity use calculated using Ofgem Typical Domestic Consumption Values (TDCVs). Data from Investis. The information published in this section is solely intended for use by members of the media. This is in addition to the 1 billion share buy-back which is underway. The exercise is scheduled to start later this month, and we can assure any shareholders contacted by Prosearch that this exercise is authorised by Equiniti. Our carers community: compassionate, caring and resilient. There are two ways were doing that: through a share buyback programme that finished in March, andby giving 3.75bn to ordinary shareholders through a B share scheme, which well explain shortly. If you are in any doubt about the contents of this announcement or the action you should take, you are recommended to seek your own financial advice immediately from your stockbroker, bank manager, fund manager, solicitor, accountant or other appropriate independent financial adviser duly authorised under the Financial Services and Markets Act 2000 if you are resident in the United Kingdom or, if not, from any appropriately authorised independent financial adviser. Aviva today announces it has completed a 13 million bulk purchase annuity full buy-out transaction with the trustees of the Musicians Union Permanent Officials and Staff Pension Fund. Remember: if it sounds too good to be true, it probably is! Carbon emission tonnes calculated usingDEFRA conversion factors for 2022. * Source: Voice of Aviva study Q322, up from 82% Q321. Contacts and helpful information for managing your shares. United fans excited by INEOS interest but new owners don't guarantee success, UK inflation edges down to 10.5% in December, food prices surge, De Bruyne, Dias and Stones in contention for Spurs game, UK house prices rise 10.3% year-on-year in November - ONS, Britons shun new computers and TVs in cost-of-living crisis, says Currys, Pearson says 2022 beat forecasts on strong demand for learning, Irish finance minister sees inflation falling 'quite quickly' in 2023, See here for a complete list of exchanges and delays, Cevian has called for further capital return. Please note that the full timetable is set out in the Circular and dates are subject to amendment as set out in the Circular. Discover what guides our business and behaviours. At 30 June 2021, total Group assets under management at Aviva Group are 522 billion and our Solvency II shareholder capital surplus is 12 billion. Investors and shareholders, discover more about our savings, retirement and insurance business. said its share consolidation and the admission of . Download the shareholder update (PDF 237 KB) If you would like to be notified when the next shareholder update is available on our website, you will need to register to receive electronic communications. Building your stash of cash savings is important, even when interest rates are low. Our latest shareholder update was published in December 2022. Use the links below to find out about your dividends, managing your shares online, shareholder meetings and our quarterly shareholder update. See the highlights from our 2021 Annual Report and download the full details. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Discover our people, diversity and follow us on social media. All Shareholders have the option to elect to receive the Strategic Report as an alternative to the full Annual Report and Accounts. Our Standards: The Thomson Reuters Trust Principles. Amanda Blanc, Group Chief Executive Officer, said: "Trading is positive and our performance is consistently strong. Share price data delayed by 15 minutes. Information and downloads for latest and past shareholder meetings. Chief executive Amanda Blanc has transformed Aviva (LSE: AV). Return of capital to ordinary shareholders, Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. We are also taking steps towards a more sustainable future, with a new Climate Ready campaign, and news on plans for a wind turbine for our Perth office. This is made up of 3.75bn via a B Share Scheme for the holders of ordinary shares and is subject to shareholder approval and customary conditions, including no material deterioration in market conditions or the financial position of Aviva. Explore our news and research, opinions and podcasts. The information in this announcement is subject to change. The insurance company Aviva has seen a 285% increase in calls and claims since Storm Ciara. Register below to get an email when these are available. 8.7%. The pressure was always going to be on management at Aviva (AV.) Aviva has completed a 400 million buy-in of the Interserve Pension Scheme securing the benefits of more than 7,000 members. The illustrative share consolidation referenced in this announcement refers to a ratio of 75 for 100. Access resources for journalists and Aviva followers. Aviva plc (Aviva or the Group) has released presentation slides and a video on its website, providing an update on the implementation of IFRS 17 and how this will apply to the Group. More about our customers, people and history. Find out about our purpose, priorities and products. We believe everyone at Aviva should be able to be themselves. Just make sure you have your shareholder reference number to hand. She began her . Holders of the Companys American depositary shares (ADSs) will also be entitled to participate in the return under the B share scheme. Access regulatory, governance and risk information. Full details of the proposed return of capital, including the Share Consolidation, and a notice of general meeting of the Company, will be set out in the shareholder circular which is expected to be published on or around 4 April 2022 (and made available on Avivas website (www.aviva.com/return-of-capital)) and (where required) posted to Shareholders as soon as practicable thereafter, with the general meeting of the Company to approve the proposed return of capital expected to take place on 9 May 2022. Whether it's saving for a house or a rainy day. Registerto get an email when these are available. Josi Reinhardt and Danny Harmer, Chief People Officer make the OUTstanding LGBT+ Role Model Lists. The process involves issuing a new B share for every existing share today and then redeeming them tomorrow for 101.69p apiece. Published: 16:55 EST, 9 May 2022 | Updated: 06:12 EST, 31 May 2022 Aviva today launches a campaign for the UK to be the most climate-ready large economy by 2030 as it releases its first Climate-Ready Index a framework to measure how influential countries (G7*nations +Ireland) are progressing on climate mitigation, resilience and adaptation. This means you must get a bank mandate instruction to us in order to receive your cash dividends. * The dates are provisional and may be subject to change. Data from investis. Over the last year, weve focused Avivas businesses to our core markets in the UK, Ireland and Canada. We remain confident in the outlook for Aviva. Our purpose and strategy - and what to expect if you join us. Data from investis. You can find a recording of the meeting on ourAnnual General Meeting page. We would like to confirm that we are presently undertaking a programme with Georgeson. Sustainability is fundamental to our strategy and culture. Discover our people, diversity and follow us on social media. We also offered Aviva employees free kids lunches during the summer holiday. Aviva undertakes a mailing programme with Georgeson. If approved by shareholders, the scheme will take place in May 2022. If you currently receive the Annual review you will receive a hard copy Strategic Report with supplementary additional material unless you instruct us otherwise. We strongly advise you to only deal with financial services firms that are authorised by us, and check the Register to ensure they are. What it does: Aviva is the UK's leading insurance, wealth and retirement business. Aviva shares ticked up Tuesday morning as the insurance company comes under pressure from top activist investment firm Cevian Capital to give 5bn ($7bn) in cash back to its shareholders next year.Cevian revealed on Tuesday it has built up a stake of almost 5% in Aviva, making it single biggest shareholder. Aviva today announces it has completed a 350 million bulk purchase annuity buy-in transaction with the trustees of the Coats UK Pension Scheme. We believe everyone at Aviva should be able to be themselves. Information and contacts for institutional investors. Oak Tree Finance/Oak Tree Financials are listed on theFCA websiteas a firm the FCA believes has been providing financial services or products in the UK without their authorisation. British insurer Aviva said Thursday that more than half of its shareholders have failed to back its executive pay awards, in the latest sign of growing investor anger over boardroom pay. For more information please visit the payment options page. Institutional investors own over 50% of the company, so . Aviva has completed a 400 million buy-in of the Interserve Pension Scheme securing the benefits of more than 7,000 members. Strongest argument relying on authoritative content, attorney-editor expertise, and thank you once again for continued! 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