By Rory Gallivan

LONDON-- U.K. insurer Aviva PLC (AV.LN) has cut planned bonuses to its chief executive and chief financial officer after a shareholder representative complained about the proposed payments, it said Friday.

Aviva said it will pay Chief Executive Mark Wilson 300% of his basic salary in 2015, down from its proposal of 350%. Chief Financial Officer Tom Stoddard will receive 225% of his basic salary, rather than the proposed 250%.

Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

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