{"id":5281,"date":"2009-11-05T11:34:43","date_gmt":"2009-11-05T09:34:43","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=5281"},"modified":"2009-11-05T11:34:43","modified_gmt":"2009-11-05T09:34:43","slug":"aviva-25-drop-in-uk-sales","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/11\/05\/aviva-25-drop-in-uk-sales\/","title":{"rendered":"Aviva &#8211; 25% drop in UK sales"},"content":{"rendered":"<p><a href=\"http:\/\/www.guardian.co.uk\/business\/2009\/nov\/04\/aviva-uk-sales-drops-quarter\">Aviva remains upbeat despite 25% drop in UK sales | \t\t\t\tBusiness | \t\t\t\tguardian.co.uk <\/a>.<\/p>\n<blockquote><p>A loss of confidence in the economy among older customers helped knock UK sales at life assurer <a href=\"http:\/\/www.guardian.co.uk\/business\/avivabusiness\">Aviva<\/a> by 25%, according to the company's third-quarter management statement.<\/p>\n<p>Customers close to retirement delayed purchasing <a href=\"http:\/\/www.guardian.co.uk\/money\/annuities\">annuities<\/a>, while pension savers either reduced or stopped their monthly payments, hitting the company's core pensions and annuity businesses over the first three months of the year.<\/p><\/blockquote>\n<p>Annuities is esaily explained by low interest rates.<\/p>\n<p>Pension sales are explained by ordinary investrors knowing what fund managers seem quite unable to comprehend: equity markets are a foolish way to save for pensions.<\/p>\n<p>We need a <a href=\"http:\/\/www.touchstoneblog.org.uk\/2009\/11\/from-economic-crisis-to-a-green-new-deal\/\">Green New Deal and related bonds <\/a>that people can understand to deliver the pension product this country really needs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aviva remains upbeat despite 25% drop in UK sales | Business | guardian.co.uk . A loss of confidence in the economy among older customers helped<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/11\/05\/aviva-25-drop-in-uk-sales\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,74,29],"tags":[],"class_list":["post-5281","post","type-post","status-publish","format-standard","hentry","category-economics","category-green-new-deal","category-pensions"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/5281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=5281"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/5281\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=5281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=5281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=5281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}