Aviva's wealth net flows fall in Q1 as workplace scheme income drops

Outflows were offset by strong growth in its platform business

Sorin Dojan
clock • 1 min read

Aviva’s wealth net flows have fallen to £2.3bn in Q1 2025, marking a 14.8% year-on-year decline from the £2.7bn posted in the same period last year.

In a trading statement today (15 May), Aviva said the lower inflows, which represented 5% of its opening assets under management, came as a result of asset outflows in its workplace scheme, which has suffered a 42% annual decline and hit £1.2bn in the previous quarter. Nevertheless, the outflows were offset by strong growth in its platform business, which posted almost £1.3bn in Q1 of this year, or 52% growth from the same period last year. Aviva said it expects its wealth division to record "strong growth momentum" and achieve £280m in operating profit by 2027. Elsewhere in the re...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Openwork's 2Plan finishes compensating clients after putting £1m aside

Openwork's 2Plan finishes compensating clients after putting £1m aside

Eventual redress bills for ongoing service and rebalancing issues below original provisions

Isabel Baxter
clock 14 August 2026 • 2 min read
FSCS opens claims for HDH Investment Services amid investigation

FSCS opens claims for HDH Investment Services amid investigation

Investment advisory firm entered liquidation in April after FCA probe

Isabel Baxter
clock 14 August 2026 • 1 min read
Norwich advice firm declared failed by FSCS

Norwich advice firm declared failed by FSCS

Signpost Financial Planning faces claims over general investments and SIPPs

Isabel Baxter
clock 13 August 2026 • 1 min read