Aviva's net platform flows were revealed to be 38% down year-on-year in the group's annual results this morning. Yet, after a slow 2018 in the platform market, are the group's troubles as bad as they first seem?
Aviva's platform net sales dropped from £6.2bn in 2017 to just £3.8bn in 2018 - a year in which it struggled to get to grips with a multitude of issues on its new platform it transferred all advised clients...
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The lang cat has predicted some major pricing shifts in the platform market and suspects the sector could break apart as it reaches an "inflection point".
Following Bailey's BoE role
Sci-fi movies may have promised us some snazzy technology that hasn't quite come to pass, writes Simon Goldthorpe, but that does not mean financial advisers should dismiss the power of fintech...
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