https://www.moneymarketing.co.uk/property-funds-make-30m-cash-holdings/

Aviva stuffs around £280m of property fund assets into cash and then, when asked by reporters ‘so, how much are you making off of this’  Aviva ‘declined to comment”

In other words, we’re not telling.

I hope the regulators are asking the same questions of Aviva because it seems that this company has forgotten just whose money this really is.

This is clients investments and Aviva need to stop thinking of it like a plumply funded personal piggy-bank.

Advertisements