Equity release excels for Aviva in Q3 while platform flows struggle

July to September results for wealth, annuities, platform and protection

Hope William-Smith
clock • 2 min read

Strong growth in equity release at Aviva over the third quarter of 2022 came alongside low volumes of individual annuity sales and a drop in net platform flows, latest results show.

The firm's Q3 results - published today (9 November) - are the first to come after its completion of the acquisition of Succession Wealth which was finalised in August. Advisers within Succession can now access Aviva's platform and multi-asset fund solutions, close to eight months on from the original announcement of the £385m deal. The results also show good sales growth across wealth (3%) and protection and health (4%). Wealth and other sales were up to about £17.5m between July and September with the 3% rise and driven in most part by strong performance across workplace offering...

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