Aviva Share Discussion Threads

[whatsup32] 17/12/2023 13:05

FT. Oleary is on track to earn €100m bonus .

[yump] 17/12/2023 12:26

In the world of CEO recruitment mantra, more pay equals better CEO’s.

Which is clearly a load of old self-serving tosh and thats putting it mildly.

[eeza] 17/12/2023 12:15

Nat West thought they had the best !

[whatsup32] 17/12/2023 12:03

The Sunday Times.
L&GIM legal and general opens door for higher pay for UK bosses.
Inside another article wants US style pay for bosses.
I'm sensibg you scratch my back ill scratch yours. Something AB illuded to .

We are very fortunate to have that lady on our pay . The MAN we had previously turned out to be worst then useless .
For a company Av size we need best and have it.

[p0pper] 17/12/2023 10:10

mrnumpty the whole thing was / is taken out of context.

[cwa1] 17/12/2023 09:00

Amanda Blanc mentioned as a possible new Chair for BP in a Sunday Times article that's principally about how badly BP are doing. Just speculation but it shows she's on other companies' wish lists...

[mrnumpty] 17/12/2023 07:23

Well I shan’t invest here of buy any Aviva products after the comments by Ms Blanc . She has managed to gratuitously offend up to 40 % of the population and , whilst her comments about males benefitting from an old boy network were relevant to Britain thirty or so years ago , there are now large numbers of non-whites who have enjoyed an education at the elite public schools and universities , so isn’t it feasible that they are just as likely to ‘ help ‘ each other ? This spat about Ms Blanc’s comments illustrates the dangers when business leaders think that , rather than their overriding role being to work for shareholders and employees , they can also be agents and instigators of social change . I suggest that this is what happens when organisations become so huge that they start to think that they have a right to exist and their leaders are so well remunerated that they have no understanding of ordinary people . It seems to me that is hubris and most people know where that leads . It seems that many of you nonetheless feel strongly that she is a very good leader but I would have thought that , on a reported pay package of £ 5.25 million , it would be possible to find a more diplomatic leader who would avoid bringing opprobrium on the Company . Incidentally , I’m probably more of a pleb than most people here , and I have certainly never even known of any old boy network . Anyway , in spite of the above , I wish you all well with your investment .

[pvi1] 16/12/2023 21:30

aprimondo appassimentoTry a bottle of this. It's terrific.

[roundtheworld] 16/12/2023 19:23

Yump

Maybe I’m just as much a middle class wan*er as the people I describe (minus the woke)…but that doesn’t make me right wing or as the BBC love labelling people “far right”

Experimenting with new wines and British and Belgium beers is one of life’s great pleasures. My ‘go to’ wine is Cote Du Rhône or Rioja but my brother who’s a wine buff/bore has got me into Bandol for special occasions. If you see a Tempier grab one or two bottles and let me know what you think.

I also like a few lagers or cider with friends in the summer or a pint of Abbott after a dog walk in our local.

We’re all very similar when the fluff of politics is cleared.

[spud] 16/12/2023 19:20

A good healthy debate with no name calling. Brilliant, many other (lesser) threads could learn a thing or two from you guys & girls. spud

[yump] 16/12/2023 16:34

Roundtheworld
You’re not mad!

Chuckled at this: “holidays in the Dordogne are enthusiastically greeted over newly discovered Languedoc wines”

Although I’m sure you’re being something-ist. Also I had a bottle of something from that region last week so I’m now deeply offended. I hope that my following it up with some Chilean and Romanian wine gets me out of being “labelled̶1;. Don’t you just love finding new wines from these much neglected regions - it helps to support the lovely artisan struggling communities etc etc…

[rexrandi] 16/12/2023 14:39

Gecko doesn't sound very English does it? In fact I think it's Albanian and Gecko came to England in one of those boats. Me? I'm just a dog from Shipley.

[roundtheworld] 16/12/2023 14:21

Am I going mad? The comments that people were concerned about were AB saying that all white male senior appointments need her specific sign off and also can be vetoed by her. This is not required for any other category of hires. Nothing in the todays articles address this or the message it sends, firstly to Aviva’s hiring teams and secondly to white male job candidates. Talk about a lack of trust in your team and feeling unwanted before you even apply for or start a job. Such a stance could not be taken with any other category of job seekers and rightly so. Imagine a man saying this about women in women dominated professions.

The article’s are hastily ordered PR after a gaff.

Let’s leave it there as it’s getting boring but please don’t kid yourself like a bunch of adoring sycophants thinking that todays PR somehow makes everything better. At the very least, I’m sure we’d all agree that in future AB for all her talents needs to choose her words more carefully which is what we expect from a high flying CEO.

[martyre] 16/12/2023 14:08

Hope you are right and Amanda doesn't go the way of Dame Sharon White, who, for whatever reason (with no retail experience), was appointed as Chairperson of John Lewis.It's not surprising that her tenure is coming to an end.

[whatsup32] 16/12/2023 13:49

I read the Times today and can only commend AB .

As did The Times and Guardian.

Well done AB keep up the fantastic work

[martyre] 16/12/2023 13:24

As The Times states today'Amanda Blanc says she tries to ensure women are fairly represented'.Cannot post link as it is behind a pay wall.However, this was my understanding in the first place.

[cyberian] 16/12/2023 13:03

Excellent...."non-diverse" was her key comment and those on here that over-reacted should dwell on their biased view before over-reacting. Acting or making a comment in the heat of the moment is usually unwise as I have sometimes found to my own cost!
Aviva is a star performer in my book and will remain a strong hold for a large part of my wider portfolio.

Best seasonal wishes to all BB posters.

[whatsup32] 16/12/2023 11:16

Out this morning. Reads superb .

Aviva board got one thing right was to hire AB

[roundtheworld] 16/12/2023 11:05

yump

You are spot on. Perpetuating victimhood is the worse thing any political party or individual can do as it perpetuates failure, hopelessness and an unhealthy excuse mentality. The Democrats have been doing this for years with the black community in the US. They endorse and even whip up the victimhood narrative with financial handouts and then wonder why nothing changes and in fact gets worse.

We can only highlight the policy mistakes and hope that brave politicians and individuals can change the narrative making all people believe in themselves and achieve good things.

[pj84] 16/12/2023 00:32

cjac in normal market conditions, I am sure you are right on higher interest rates being better for insurance companies.

I believe it was Benjamin Graham who initially said in the short term the market was a voting machine but in the long term a weighing machine and Warren Buffet is one of the best advocates of his investment philosophy.

And it was John Maynard Keynes who coined the phrase that markets can stay irrational longer than you can stay solvent.

I think it is clear to any of us invested in high quality dividend paying shares both in the insurance sector and the wider market that we have experienced what appears to have been an irrational market in the UK.

Ultimately any market is driven by buyers and sellers and if irrationally there have been more sellers of UK shares than buyers then the price of those shares will fall and hence lots of dividend yields have risen to abnormally high levels.

However, history also shows that in hindsight, these irrational periods are some of the best times to invest even though it can be difficult to see it at the time.

[fenners66] 15/12/2023 23:11

"MARTYRE
15 Dec '23 - 17:44 - 18283 of 18296
I have read her comments as nothing to do with hiring non white males."

She said "non-diverse" hires will be scrutinised and perhaps vetoed.

Define non-diverse in the world of Aviva ?

The papers believe that every "category" except white males is diverse....

What an experienced well paid major business leader should have been saying is
there is no room for any nepotism or overpromoted candidates in Aviva.
Any nepotism is going to be potentially vetoed.

But she did not - effectively she has said that diverse nepotism is not going to be
questioned.

As others have said picking a different element of society to do back to what she
perceives to have been done to others - is not the answer. It just establishes a
new set of "victims".