Aviva switches share scheme providers

Aviva has transferred all shareholders, including staff participating in either its share incentive plan (Sip) or sharesave scheme, to a new share scheme provider.

The insurance firm, which completed the six-month long project in July, moved around 25,000 live employee share plan records move to Computershare from previous provider Equiniti.

Employees will be able to sign up to the next sharesave scheme, which already has around 9,000 participants, in September. Three, five and seven year saving periods are offered in the scheme.

Russell Tullo, deputy group company secretary at Aviva, said: “We offer share schemes to enhance employee engagement.

“It is about giving employees the opportunity to benefit in the growth of the organisation.”

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