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Norwich Union (AVIVA)
Robert_Tycelyn
Posts: 50 Forumite
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'?
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Comments
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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.0
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