Aviva sees half-year platform net flows reduce 51% to £1.2bn

Its half-year results, out today (16 August), highlighted subdued investment activity across the market and higher outflows reflecting the cost of living and market fluctuations in relation to its platform flows. However, it added that the platform had performed "resiliently" by delivering more than £3bn of gross flows and capturing 17% of the market net flows in Q1. The results also said its wealth net flows reduced by 13% to £4.3bn (HY22: £5bn) with a "strong performance in workplace more than offset by reduced platform flows". The results said workplace net flows increased by 25...