Aviva's platform net inflows have remained strong and held onto the second spot in the market in the first quarter of 2018 despite its issue-riddled re-platforming project, according to Fundscape's latest data.
The life company's adviser platform saw £1.5bn of net sales in the first three months of 2018 - second only to Standard Life's two platforms Wrap and Elevate combined, which brought in a combined £1.6bn over the same period. In 2017, Aviva had the second highest net sales of any platform in the advised space, again only behind the two Standard Life platforms. The last calendar year saw Standard Life's Wrap and Elevate platforms bring in a net combined £7bn, while Aviva saw £5.7bn in net sales with Old Mutual next at £4.4bn. Fundscape said it expected Aviva to feel the aftershocks ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
