Aviva refund

thebullsback

As a financial nerd how can I be sure Aviva has not been careless with the three policies i have with them now they own my funds original company Norwich union.

marlot

Aviva didn't take over Norwich Union. NU was just the Aviva brand name for the UK.

dunstonh

thebullsback wrote: »

As a financial nerd how can I be sure Aviva has not been careless with the three policies i have with them now they own my funds original company Norwich union.

As mentioned above, Aviva was just a rebrand of Norwich Union.

What do you mean by careless?

bigadaj

thebullsback wrote: »

As a financial nerd how can I be sure Aviva has not been careless with the three policies i have with them now they own my funds original company Norwich union.

I think that question is evidence you aren't a financial nerd, do you mean novice?

thebullsback

im financhaly ignorant

agarnett

dunstonh wrote: »

As mentioned above, Aviva was just a rebrand of Norwich Union.

"Aviva" wasn't merely a rebrand of NU, because CU, GA, Morley and goodness knows what else fell under the new brand and shady ethos 17 years ago if you want to split hairs. Read about it in several places on the net. One such place suggests that 'The word Aviva associates with life, vitality and living well.' I think the last part applies to its executives and staff whose Pension Scheme is regularly propped up by raids on the With Profits funds which are supposed to perform for my benefit.

Coming up with a name like Aviva was a strategy we have seen so many times in the past now over two or three decades, first I think with major chemical and drug companies ... choose a weird name with a Latin or Greek sounding root to go forward with, forget lss of household name reputation because you don't need to maintain one if you are already known to be ruthless enough with risking the environment and health, and/or customers' own money, and/or for denying claims, then pursue your hidden agenda by paying your lawyers to restructure everything in order to start waving your long-term liabilities goodbye, and to separate customers from their funds whilst potential commentators' eyes are off the ball, still not quite sure where or why the household names went.

These sort of wheezes catch on quickly amongst the big boys - a bit like the nationwide closure of defined benefit schemes in disgracefully missold ways (which of course started in financial centres) which had crescendoed around the same time which led to the discovery that Aviva surprise surprise had an established offer for pension scheme "trustees"(sic) playing those games, and with which Aviva have been playing their own games ever since.

Whichever way you turn in financial services thesedays, Aviva as with the names of most of the other enormous merged conglomerates dominating the landscape means one thing for sure in my book ... Crooks.

In two words, to answer the OP's original question 'As a financial nerd how can I be sure Aviva has not been careless with the three policies i have with them now they own my funds original company Norwich union.' ... "You can't". And careless is too kind a word anyway for what you need to watch out for.

thebullsback

any ideas then???TO my OP

dunstonh

Ideas about what?

thebullsback

As a financial nerd how can I be sure Aviva has not been careless with the three policies.
I now accept that I am not a nerd but will admit to " Financial Ignorance " so how can I be sure??

JuicyJesus

agarnett wrote: »

"Aviva" wasn't merely a rebrand of NU, because CU, GA, Morley and goodness knows what else fell under the new brand and shady ethos 17 years ago if you want to split hairs. Read about it in several places on the net. One such place suggests that 'The word Aviva associates with life, vitality and living well.' I think the last part applies to its executives and staff whose Pension Scheme is regularly propped up by raids on the With Profits funds which are supposed to perform for my benefit.

Coming up with a name like Aviva was a strategy we have seen so many times in the past now over two or three decades, first I think with major chemical and drug companies ... choose a weird name with a Latin or Greek sounding root to go forward with, forget lss of household name reputation because you don't need to maintain one if you are already known to be ruthless enough with risking the environment and health, and/or customers' own money, and/or for denying claims, then pursue your hidden agenda by paying your lawyers to restructure everything in order to start waving your long-term liabilities goodbye, and to separate customers from their funds whilst potential commentators' eyes are off the ball, still not quite sure where or why the household names went.

These sort of wheezes catch on quickly amongst the big boys - a bit like the nationwide closure of defined benefit schemes in disgracefully missold ways (which of course started in financial centres) which had crescendoed around the same time which led to the discovery that Aviva surprise surprise had an established offer for pension scheme "trustees"(sic) playing those games, and with which Aviva have been playing their own games ever since.

Whichever way you turn in financial services thesedays, Aviva as with the names of most of the other enormous merged conglomerates dominating the landscape means one thing for sure in my book ... Crooks.

In two words, to answer the OP's original question 'As a financial nerd how can I be sure Aviva has not been careless with the three policies i have with them now they own my funds original company Norwich union.' ... "You can't". And careless is too kind a word anyway for what you need to watch out for.

What a big bag of utterly irrelevant b*llocks.

agarnett

Yes I agree, most honest attempts at describing the whole current UK financial services industry do end up serving up something depicted as worse than a big bag of cooked up rotten bollox - but irrelevant? I have to disagree - e.g. can you live without it? I don't think you can if you are still feeding directly off it. I guess we all are indirectly involved because our pound would fall through the floor tomorrow without the hot air from those smelly fund rendering outfits in the City which keep it afloat.

No-one should take it personally - there are whole countries in Europe that can be defined by a delectation for cooked offal spreads.

Shall we take a guess which side some thread contributors bread is buttered? Or does the cream off the cooked rotten bollox spread itself evenly without knife or butter straight onto their bread within the privacy of their own bank accounts each month?

That cooked-up business is real crafty business, once you get used to the lingering odours, isn't it, eh?

Now a fictional shrimp fishing billionaire once said "Life is like a box of chocolates. You never know what you're gonna get". Well the Aviva brand of pensions as a symbol of life, vitality and living well is perhaps not so much like chocolates thesedays, as it is cooked up offal I reckon. But like liver pate, and battered assorted testes, I guess if you knew no better, the people could quickly get used to it as the main dish they thought they ordered, whether served hot and steaming, or cold ...