Aviva’s adviser platform saw record sales for the first half of the year with net flows up 48% to £2.7bn.

Assets held on platforms grew 6.5% to £865.8bn in the three months to June as net sales broke through £17bn for the first time, according to data released today.

Purchases of investment companies on adviser platforms reached a new quarterly high of £368m in the first quarter of the year, according to a new report.

The Financial Conduct Authority (FCA) has issued a warning to platforms on IT outages and severe operational activities in a Dear CEO letter.