Aviva posts fall in BPA business but strong growth in wealth and workplace

Insurer says BPA market ‘less active and more competitive’ but sees workplace flows soar

Professional Pensions
clock • 2 min read
Aviva says return on its new BPA business continue to be above its low-teens hurdle
Image:

Aviva says return on its new BPA business continue to be above its low-teens hurdle

Aviva has posted a fall in bulk purchase annuity (BPA) volumes from £2bn in the first half of last year to £1.1bn in the six months to 30 June 2026.

The insurer's half-year results – released today (14 August) – said the drop in volumes came amid what it said was a "less active and more competitive market". But it added year-to-date BPA sale...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Good News Corner: People's Partnership team braves the Tough Mudder challenge

Good News Corner: People's Partnership team braves the Tough Mudder challenge

Staff tackled a 5km obstacle course to raise money for St Catherine’s Hospice

Martin Richmond
clock 25 September 2026 • 3 min read
I tested the MoneyHelper Pensions Dashboard beta. Here's what I found

I tested the MoneyHelper Pensions Dashboard beta. Here's what I found

MHPD is in its second phase of consumer testing before the October connection deadline

Alex Levy
clock 25 September 2026 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR focusses on UK growth, L&G job cuts, PRT results, and IFoA guided retirement warning

Professional Pensions
clock 25 September 2026 • 1 min read
Trustpilot