THE TIPSTER Aviva shedding profits and chief execs May 14, 2012 TO lose a chief executive is always rather unfortunate, but Aviva’s long-suffering shareholders must be hoping that Andrew Moss’s departure will allow the company to begin a recovery operation, but any effort will be long and involved. A possible sale of the non-life insurance operations might help shore up the capital base, but the group’s [...]
Aviva will take rest of year to find new CEO May 17, 2012 AVIVA yesterday admitted it will take the rest of 2012 to find a new chief executive, as it announced it had seen a five per cent drop in life insurance sales for the first quarter. Andrew Moss, the insurer’s former boss, last week became the highest-profile casualty of the shareholder spring when he quit after [...]
Aviva ex-boss loses share bonus May 9, 2012 Aviva’s former chief executive Andrew Moss waved goodbye to a £2.4m bonus after quitting the insurance firm earlier this week. Moss was considered by the remuneration committee not to be a “good leaver” and will not be paid two bonus schemes’ worth of deferred shares. Nonetheless, Moss will still pocket a £1.75m golden goodbye. MORE [...]
Aviva boss quits after pay revolt May 8, 2012 Insurer Aviva, hit last week by one of the biggest pay revolts ever suffered by a British company, said its chief executive Andrew Moss had stepped down with immediate effect. The group said he would be replaced by Chairman Designate John McFarlane in the interim. Moss had told the company that he believed it was [...]
Aviva boss waives pay rise April 30, 2012 The chief executive of insurer Aviva, Andrew Moss, has waived his 2012 salary increase as part of a review of its executive pay policy launched in response to pressure from shareholders. The review will look at whether senior executives’ pay is justified by shareholder returns, and will also examine how much Aviva compensates executives who [...]
Advisers on track to be RDR-ready November 6, 2012 A majority of financial advisers are now compliant with the forthcoming Retail Distribution Review regulations coming into force in January, a survey out yesterday said. Insurer Aviva found two-thirds of advisers had already achieved qualifications to make them RDR compliant. A further 46 per cent said that they would also obtain qualifications beyond statutory requirements. [...]
Wasp Thomas ready to face old pals in cup November 8, 2012 WASPS hooker T Rhys Thomas insists there will be no old pals’ act when he returns to his former stomping ground, vowing to show Cardiff Blues no mercy in the LV= Cup this evening. Thomas, 30, spent almost nine years at the Blues before joining Dai Young at the London club this summer and he’s [...]
Trusty Hodgson kicks Sarries to win over Wasps November 4, 2012 SARACENS boss Mark McCall knows full well the impact Charlie Hodgson has had on Saracens this season but he insisted he delivered more than he expected in yesterday’s 29-24 Aviva Premiership win over Wasps. The 31-year-old kicked seven penalties in another assured performance with the boot at Vicarage Road, taking his total points tally in [...]
Who’s switching jobs November 28, 2012 Aviva Phil Pavitt has been appointed to the role of IT transformation director at the insurance group. He joins from HMRC, where he was general director of change. Pavitt has also held chief information officer positions at Centrica, Virgin Media and BT. MasterCard Will Judge has been appointed vice president for travel and transit. He [...]
Sarries lay groundwork for £20m move November 27, 2012 SARACENS have laid the first strips of artificial turf at their new 10,000-capacity home in Barnet as they count down to the move from Vicarage Road to £20m Allianz Park in February. The 2011 Aviva Premiership champions are set to become the first professional rugby union club to play their home games on a synthetic [...]