Aviva Pension Reviews

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Aviva Pension
1.4 stars
Average rating for this product is: 1.4 out of 5

From 0 ratings and 6 reviews

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Summary

Norwich Union pensions are now known as Aviva pensions in the UK.


Average Ratings for Aviva Pension

  • Value for Money1.2 stars
  • Overall rating1.4 stars

6 Reviews For Aviva Pension

  • Guest 4th Oct 2009

    Reviewer rating: 1 stars


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    Never invest with Aviva! The value of my pension fund has dropped year on year despite the current economic problems With constant changes in terminology and meddling by the government it's almost impossible to keep on top of it. I'm currently battling with Aviva to get my contributions back so I can invest in an ISA but of course now they have my money they are wriggling like crazy to keep it. Consumers should have the right to a complete refund if they decide a personal pension plan with a company isn't for them. It's our money after all.

  • Guest 21st Sep 2009

    Reviewer rating: 1 stars


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    Over 30 years ago I transferred my ex work's pension to Norwich Union using Plan32 .To quote "Pretty Women" "BIG ,BIG MISTAKE ,HUGE".Having paid for the privilege of transfer and 25 years of totally useless bonus statements I am now getting less then I would if i had not transferred and with no index linking which my original pension had Norwich Union/Aviva

  • sandell 5th Dec 2008

    Reviewer rating: 0.5 stars


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    I have an Investment Bond with Norwich Union. Sure it grew in value and I'm not complaining about that. Just wanted to warn everyone that if you want to make a withdrawal, be prepared to wait. After 2 months of being on the phone 3 times a week and numerous letters I am still waiting for my money. Maybe their Pension Plans and customer service are better.

  • DMONKMAN 15th Jan 2008

    Reviewer rating: 0.5 stars


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    Norwich Union Pension - A £20,000 lump sum invested in March 1999 has only grown to £30168 in 9 years - that's an average increase of only 4.7% a year and includes a final bonus of £900. Being self employed, I have a number of other policies (thank Goodness), but this return from a Norwich Union with profits plan is pathetic when compared to some other providers (for example the Pru).

  • Guest 15th Jan 2008

    Reviewer rating: 0.5 stars


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    I agree with the first review. Given the regular inputs, and the fact that on most of those contributions 40% tax was added, its amazing that in 07-08, the net increase on a 25k plan value was £150. Stick your money in property not pensions.

  • AWG Rank: Major 27th Nov 2003

    Reviewer rating: 5 stars


    On average, people found this review very helpful
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    Ok, been self employed since 1976. In 1988 took Accountant's advice (before new FSA regulations came in) to open a Private Pension. My wife did the same in the mid-90s with Scottish Amicable. Now we are just small self-employed people and between us saved a couple of hundred pounds or so a month towards retirement. In early 2003 we realised that our Pension Funds were not making anything, because of low interest rates (when I first started with the Norwich it gave an 'assumed growth' of 14% or t ...