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Aviva

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
anthonyok
Posts: 81
Joined: 13 Oct 2007, 17:53

Aviva

Post by anthonyok »

Is our Royal Mail pension with Aviva?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Aviva

Post by RobertT »

The RM Defined Contribution Plan(new starters after 1/4/2008) is administered by Zurich.

Most AVC arrangements for RMPP members(new starters before 31/3/2008) are also administered by Zurich. They took over in 2010 from Aviva/Norwich Union, Standard Life, Equitable Life and Abbey National if I remember correctly.
Links to all RM pension related websites are here
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Aviva

Post by arnold cheshire »

Is everyone with Zurich now?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Aviva

Post by RobertT »

Anyone who had their AVC's invested in a 'with profits' fund via Aviva, Equitable Life or Standard Life were given the choice whether they wanted to transfer to Zurich or not – if they did transfer they probably got hit with a high exit penalty!

Everyone else was automatically transferred over.

So there is probably a relatively small number of people still with the old providers.
Links to all RM pension related websites are here