Aviva PLC Aviva completes acquisition of Succession Wealth (6883V)
August 11 2022 - 2:00AM
UK Regulatory
TIDMAV.
RNS Number : 6883V
Aviva PLC
11 August 2022
11 August 2022
Aviva completes the acquisition of Succession Wealth
Aviva plc ("Aviva") today announces that it has completed the
acquisition of Succession Wealth. The acquisition significantly
enhances Aviva's presence in the fast-growing UK wealth market and
expands Aviva's ability to offer high-quality financial advice to a
significant number of its 6 million pension and savings customers
without an existing adviser.
The acquisition of Succession Wealth was announced on 2 March
2022.
-ends-
Enquiries :
Media:
Andrew Reid +44 (0)7800 694 276
Sarah Swailes +44 (0)7800 694 859
Steve Whitelock +44 (0)7800 691 128
Analysts:
Rupert Taylor Rea +44 (0)7385 494 440
Joel von Sternberg +44 (0)7384 231 238
Michael O'Hara +44 (0)7837 234 388
Notes to editors :
-- We are the UK's leading Insurance, Wealth & Retirement
business and we operate in the UK, Ireland and Canada. We also have
international investments in Singapore, China and India.
-- We help our 18.5 million customers make the most out of life,
plan for the future, and have the confidence that if things go
wrong we'll be there to put it right.
-- We have been taking care of people for 325 years, in line
with our purpose of being 'with you today, for a better tomorrow'.
In 2021, we paid GBP30.2 billion in claims and benefits to our
customers.
-- Aviva is a market leader in sustainability. In 2021, we
announced our plan to become a Net Zero carbon emissions company by
2040, the first major insurance company in the world to do so. This
plan means Net Zero carbon emissions from our investments by 2040;
setting out a clear pathway to get there with a cut of 25% in the
carbon intensity of our investments by 2025 and of 60% by 2030; and
Net Zero carbon emissions from our own operations and supply chain
by 2030. Find out more about our climate goals at
www.aviva.com/climate-goals and our sustainability ambition and
action at www.aviva.com/sustainability
-- Aviva is a Living Wage and Living Hours employer and provides
market-leading benefits for our people, including flexible working,
paid carers leave and equal parental leave. Find out more at
https://www.aviva.com/about-us/our-people/
-- As at 30 June 2022, total Group assets under management at
Aviva Group are GBP353 billion and our Solvency II shareholder
capital surplus is GBP10.3 billion. Our shares are listed on the
London Stock Exchange and we are a member of the FTSE 100
index.
-- For more details on what we do, our business and how we help
our customers, visit www.aviva.com/about-us
-- The Aviva newsroom at www.aviva.com/newsroom includes links
to our spokespeople images, podcasts, research reports and our news
release archive. Sign up to get the latest news from Aviva by
email.
-- You can follow us on:
o Twitter: www.twitter.com/avivaplc/
o LinkedIn: www.linkedin.com/company/aviva-plc
o Instagram: www.instagram.com/avivaplc
-- For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva
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END
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