We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Norwich Union (AVIVA)

Does the current drop in Aviva's share price spell more trouble for my already troublesome Norwich Union endowments? In particular does it spell the end for the endowment 'promise'?

Comments

  • dunstonh
    dunstonh Posts: 120,402 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The mortgage promise is funded. The only thing at risk now probably is the reattribution. Pru held on to theirs and the credit rating companies liked that. They said they may downgrade Aviva if they went ahead. That was before the recent drop. Aviva may now choose to pull out.

    The dividend seems to be the biggest issue for investors. Most of the rest of the media coverage is on nothing that was not already known.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.