Today sees AVIVA, the last of our KEY Investments issuing their 2014 figures, and they are well up to our expectations as the past two years of new management has reduced the extortionate overheads of previous years,and with increased revenue has produced the anticipated increase in profits. The improvement is in fact greater than forecast and a further improvement is expected in the coming year.
Additionally 2015 will see the benefits of the takeover of Friends Life in April! This, plus the continuing gains in business from the existing operations should lead to further dividend rises next year and we will continue to add to our KEY investment in AVIVA

Results for 2014

               Value of new business.                             +15%

               Net Asset Value.                                        +26%

               Operating Profit           £2726m.                +10%

               Earnings per Share.      47p.                      +10%

               Final Dividend               12.25p.                 +30%

Aviva looks about to regain its past high reputation as one of our Internationally successful insurance groups.