A new governance regime for With-Profits funds in Ireland was introduced by the Central Bank of Ireland in 2018. The ALPI DAC Irish With-Profits Fund will be subject to this from 29/03/2019 and With-Profits Operating Principles (WPOP) documents outlines how the company complies with it.
The Friend First Participating Fund and Friends First Closed Fund will be subject to the new regime from 01/01/2020. The information below relates to the Aviva Irish With-Profits Fund. The Friends First Participating and Closed Fund WPOPs are located on the Friends First website.
With-Profit Operating Principles
With Profits Committee
Aviva was one of the first companies to introduce a With Profits Committee in 2005. The Committee was established to ensure fairness to customers is embedded in Aviva’s With-Profits decision-making.
If you have a policy invested in the Old & New With-Profits Sub-Funds or FP With- Profits Sub-Fund please see below for more information.
Aviva Life & Pensions Ireland Designated Activity Company, a private company limited by shares. Registered in Ireland No. 165970. Registered office at One Park Place, Hatch Street, Dublin 2, D02 E651. Aviva Life & Pensions Ireland Designated Activity Company, trading as Aviva Life & Pensions Ireland and Friends First, is regulated by the Central Bank of Ireland. Tel (01) 898 7950.