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
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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...

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