The entire retail investment market “continues to be challenged” by volatile economic conditions with the platform market suffering across the board, Aviva UK and Ireland life chief executive (CEO) Doug Brown has said.
Brown, speaking to Professional Adviser after the provider's half-year results were released today (16 August), said he was pleased with the platform's performance despite reporting a 51% drop in net flows. He said this was in line with its competitors who were all in the same boat. Commenting on the results, he said: "We are really pleased that we continue to have excellent trading momentum across the insurance, wealth and retirement business. "No doubt the whole retail investment market continues to be challenged due to the volatility and the market we are in but I was pleased that ...
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