Aviva CEO won't accept 2012 salary rise

Aviva Plc, UK’s second-largest insurer by market value, said Chief Executive Officer Andrew Moss would not accept his 2012 salary rise. The move follows talks with shareholders on whether the compensation of executive directors reflect the firm’s 2011 performance, London-based Aviva said on Monday. Moss’s salary was due to rise five per cent to £1 million ($1.6 million) in April from £951,000 last year, according to the company’s annual report.