• Aviva and FNZ strengthen partnership with a focus on new state-of-the-art adviser tools for the Aviva Adviser platform.

  • The tools leverage the latest innovative technology from FNZ’s wealth management platform, to deliver best-in-class services for advisers.

  • The tools include digitalisation of the Asset Transition service, enhanced digital analytics, and launch of a new Adviser Hub.

  • Aviva and FNZ have partnered since 2015, having developed both adviser and D2C propositions in the UK.

  • Aviva’s Advised platform business again came top of the net flows table, taking assets to c.£50bn billion.

London, 19 June 2024: Aviva plc (“Aviva”) and FNZ, a leading global wealth management platform, have announced the next phase of Aviva’s platform digitisation through the development of a number of new and innovative adviser tools.

This further strengthening of the partnership between Aviva and FNZ is aimed at driving adviser efficiencies, and enabling advisers to more effectively pick and choose the services they use. The tools utilise automation and FNZ’s market leading end-to-end wealth management technology, putting control back into the adviser’s hands.

The new adviser tools will include a digital adviser access and workflow tool for Aviva’s Client Asset Transfer Service (CATS), which provides material efficiencies to transfer assets at scale onto the Aviva platform, saving significant time by equipping advisory firms and platform teams with the capabilities to perform high volume tasks more efficiently.

There will also be new digital analytics capabilities encompassing Enhanced Client-Base insights for advisers, allowing for greater customer personalisation. Additionally, the launch of the new Adviser Hub will offer a centralised workspace with a configurable dashboard, enabling quicker integration of new applications and enhancing the overall adviser proposition.

The launch of these tools comes after the 15-year extension of Aviva’s partnership with FNZ, announced in January this year, to support Aviva’s ongoing focus to simplify and transform the operations of its UK Insurance, Wealth & Retirement (“IWR”) business.

Al Ward, Head of Adviser Platform, Aviva said: “It’s an exciting time for the Aviva platform and developing these new services will help enhance the great service advisers already provide. Using the latest technology to constantly look at better ways to operate and integrate really helps move things forward creating a better experience for advisers and their clients.”

Aviva is committed to delivering for the advice market and are pleased to have worked closely with our technology partners at FNZ to deliver these new tools and services.

Alastair Conway, Chief Executive Officer, UK, Middle East and Africa, FNZ said: “Our goal is to give advisers more control, helping them deliver better outcomes for investors and drive the growth and efficiency of their businesses. As we roll out enhanced digital analytics capabilities, and a range of new workflow, asset transfer and dashboard configuration tools, the Aviva Adviser platform will help advisers free up time and deliver ever more personalised products for their clients”

Aviva is a highly valued strategic partner, and we look forward to continuing to support the Group’s growth ambitions, while furthering our purpose to open up wealth and help everyone, everywhere, invest in their future, on their terms.