What is Aviva Financial Advice?
It's an extra piece of support you can offer your employees, as part of their benefits package. It helps them understand how much income they might need in the future and how they can manage their money to achieve their goals, whether that's a university fund or a trip overseas. And when it comes time to start thinking about retirement, it can help them make informed decisions at the right time, even if it feels a long way off.
If your employees have at least £300,000 in their pension and/or investment savings, Aviva financial advisers can help them build a personal financial plan, so they can look forward to a comfortable future.
No-obligation initial meeting
If advice is right for your employee, they'll begin with a complimentary review with an adviser from Aviva Financial Advice.
The adviser will fully explain the charges before the employee decides whether to go ahead with financial advice.
Tailored recommendations
Your employees get personalised recommendations based on their individual financial goals. We don’t work on sales incentives, so they’ll get real recommendations based on what’s right for them.
Any recommendations advisers make will be for products from Aviva and other carefully selected partners.
Dedicated business support
You’ll get named advisers, who’ll get to know you, your pension scheme and your employees.
Your employees will also gain access to a range of services to support their financial wellbeing, such as online information and tools, dedicated contact centre support, and optional financial education seminars (some of which may incur an additional cost).
What financial advice is available?
Retirement 
Advice on defined contribution (DC) pensions, income drawdown, transfers between DC plans and annuities is available from age 50.
Investment 
Access advice at any age on investments such as ISAs, general investment accounts, bonds and cash.
Equity release 
Employees can meet with an adviser to discuss accessing alternative assets like equity release, from age 55.
Protection 
We can help with family protection planning from any age, including life insurance, critical illness and income protection.
What do your employee's receive?
1. Fact find
The adviser will explain the nature of the service and the charging framework.
They will capture personal details, dependants, goals, income, assets, liabilities and risk appetite.
2. Analysis
Detailed analysis of your employee’s current pension provision in-line with their objectives.
Identification of whether current holdings meet their needs and which alternative options are available.
3. Recommendation
Present a personal recommendation including a detailed report.
The adviser will then explain the recommended course of action.
4. Product solutions
Any recommendations advisers make will be on products from Aviva and other carefully selected investment partners.
How much does it cost?
Employer costs
We’ll talk to you about how much you want to contribute to the service. This isn’t mandatory – you can just promote the service to your employees to help them get the most out of their pension. HMRC gives employees a £500 exemption in a tax year for any advice they might get about their pension. So, if you provide this advice, or pay for or reimburse the cost of it, this is also exempt from income tax up to £500 in a tax year.
Employee costs
Our advisers are up front and clear about fees from the start, so your employees can decide whether they’d like to move forward. There’s no one size fits all – we work out all our charges against the type of advice each employee needs.
Their first meeting with Aviva Financial Advice is complimentary. It’ll be used to discuss your employees’ financial goals to help them decide if advice is right. After that, the adviser will take them through all the charges up front before deciding to proceed.
An employee needs to have at least £300,000 in their pension and/or investment savings to be able to use the financial advice service.
How to enable financial advice services for your employees
If you already hold a product with us and would like to enable Aviva Financial Advice for your employees, we’re here to make it simple.
For more information please speak to your usual Aviva contact 
Find extra layers of business support
Building additional services on top of your employee financial advice can provide a fuller, more rounded package, both for you and your employees. Here’s how else we could support you.
Workplace pensions
Find the right scheme to suit your business. There are various options, all with our expert support through set-up and ongoing management.
Group protection
Protecting your people. Life insurance, critical illness cover, and income protection solutions to support your workforce through life’s uncertainties
Business health insurance
Consider adding private medical insurance to your employee package, with ways to tailor it to suit your needs and budgets.
Business insurance
Find out how we can help provide the cover you need, including your vehicles, your premises, and your liability.
Bulk purchase annuities
Defined benefit scheme trustees can look ahead with confidence, by harnessing our specialist expertise to reduce or fully remove your liability.
Employees' wellbeing
Some of our products come with access to non-contractual benefits to support different aspects of your employees' wellbeing.
Aviva Financial Advice is a trading style of Succession Financial Management Limited, which is part of the Aviva group of companies and is authorised and regulated by the Financial Conduct Authority (Reference Number: 225831). Aviva Administration Limited acts as an introducer to Succession Financial Management Limited for financial advice. The financial advice services are provided by Succession Financial Management Limited, not Aviva Administration Limited.
Aviva Administration Limited is registered in England and Wales No. 03424940. Aviva, Wellington Row, York, YO90 1WR. Authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 185746. Aviva Administration Limited and Succession Financial Management Limited are subsidiaries of Aviva Life Holdings UK Limited.