News Column

PRESS: Aviva Plans To Cut Millions From Tax Bill - FT

August 3, 2014

Samuel Agini

LONDON (Alliance News) - Aviva PLC is planning to cut millions of pounds from its annual tax bill, the Financial Times reported online on Sunday.

According to the FT, new Finance Director Tom Stoddard has pledged to cut tax expenses under the next stage of the insurer's turnaround.

The newspaper cited comments made by Stoddard at a recent investor day at which he said the insurer has been too focused on producing pretax operating profit.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Alliance News

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters