Welcome to our shareholder update.
In this edition of our shareholder update, you can read about:
- Our 2019 interim results
- Our 2019 interim dividend
- Preparing for retirement
- The Aviva Foundation
- Our Inuit sculpture exhibition
- Our new email subscription service
Chairman’s update
Dear shareholder,
Welcome to another quarterly update.
As I write, the UK is going through significant political uncertainty, and the global economy is seeing wider market turbulence. Aviva is not immune to these trends but as we announced in last month’s results, we remain resilient and financially strong.
As you can read below, we delivered our interim results for 2019 on 8 August 2019. We’ll be paying out the 2019 interim dividend later this month.
Our results show Aviva’s strong foundations in challenging market conditions. They also reinforce the importance of the work to improve our fundamentals, which is continuing at pace.
Maurice has also been working with the Board to refresh our strategy. We’ll share more detail on this in November.
As ever, we aim to live up to our value of Caring More for our customers and communities. In this update you can read more about our recent analysis of UK employees to help people to prepare for a prosperous retirement.
You can also find out the latest news about the projects we’ve chosen for funding from the Aviva Foundation, and read about our recent commission from the carvers at the Beaver Creek Institution in Canada.
In other news, we have further strengthened our board with Belén Romana García confirmed as our Chair of the Board Risk Committee and the appointment of Patrick Flynn as an independent Non-Executive Director.
We want to make it as easy as possible for you to keep informed about Aviva news. You can find out more below about our new email subscription service.
Thank you for your continuing interest and support.
Sir Adrian Montague - Chairman
Our 2019 interim results
“Aviva has strong foundations to build upon but there is much to do to improve our performance.”
On 8 August 2019, we announced our 2019 interim results.
Read what Maurice Tulloch, our Group CEO, had to say on our performance so far in 2019.
2019 interim dividend
Alongside our interim results, we announced that we’ll pay a 2019 interim dividend of 9.5 pence per share on 26 September 2019. You should keep your bank details up to date with our Registrar, Computershare to make sure you get your dividends on the payment date.
If you have outstanding dividends, Computershare will arrange for them to be sent directly to your updated UK bank details. For Euro currency bank mandate instructions, Computershare will contact you to explain the straightforward conversion from Sterling to Euro. Whilst you won’t need to take any action, there may be charges for the currency conversion.
Preparing for retirement
Aviva UK has completed research showing that millions of mid-life UK employees are sleepwalking into retirement.
8.9 million employees aged 45 and over don’t know how much they need to save for a comfortable retirement. 5.1 million don’t know how much they’ve already saved in their pension.
However, our analysis shows it’s never too late to save.
Nine million UK mid-life employees flying blind into retirement
The Aviva Foundation
Back in March, we set up the Aviva Foundation to make good use of unclaimed assets.
Building stronger communities is important to us. Our foundation invests in initiatives that support financial capability and inclusion, community resilience and sustainable finance.
By working with charities and social enterprises, and sharing our expertise, we can make a big difference together. Some of the projects we’re investing in will:
- Help people aged 50+ overcome poverty through employment.
- Provide free mental health support for first responders via an online platform.
- Support the wellbeing of low-income older people in social housing, helping them with social isolation and financial capability.
- Pilot ways to prevent and manage the risk of flooding to increase the resilience of our communities. For example by restoring hedgerows in the lake district.
Inuit sculpture exhibition
In January we were approached by an employee who volunteers at Beaver Creek Institution, about buying an Inuit carving for our Markham, Toronto office.
Beaver Creek Institution is a minimum and medium security prison in Canada. Their innovative carving programme is managed by the Correctional Service of Canada. They help inmates by offering them a viable career and opportunities for a better future.
We’ve commissioned a set of three sculptures from carvers at Beaver Creek Institution. Inspired by our value ‘care more’, they portray a family group of polar bears.
We’ll install the larger of the three carvings, ‘father bear’, in the cafeteria in Markham later this year. The smaller carvings, ‘mother and cub’, are on display for staff and visitors at our head office in London. They form part of Aviva Art Team’s latest exhibition, Canada: landscape and people.
New email subscription service
Sign up to get alerts when we publish news and announcements on aviva.com. Visit our subscriptions page to sign up and customise the type of news you’re interested in. You can unsubscribe or change your preferences at any time.
This won’t impact your existing preferences relating to shareholder communications sent out by our Registrar, Computershare.
Useful links for shareholders
We’ll share another shareholder update in December 2019. Register to get an email when it’s available.
If you have any feedback or suggestions for our shareholder update, please email aviva.shareholders@aviva.com.
