Aviva's adviser platform has seen its net flows suffer as a result of its issue-riddled re-platforming move from Bravura to FNZ technology.
According to Fundscape, Aviva 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. Aviva's sector-topping flows seemed unaffected by its re-platforming issues in Q1. However, in Aviva's results published on Thursday morning the life company said its platform business took in net inflows of £2.2bn in 2018 H1, leaving Q2 flows at just £0.7bn - around half of the figure it saw in Q1. Indeed, in 2017 H1 Aviva took in £3bn of net flows versus the £2.2bn in...
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