“We already work closely with Aegon across a number of areas, and I’m sure that its reputation for high-quality solutions - designed to support the needs of
Aegon has expanded its discretionary fund management (DFM) model portfolio services range on the back of findings that more than a fifth (21%) of advisers are looking to increase their usage of them.
Aegon retail platforms suffer £700m outflows
By Katey Pigden 12
th February 2021 9:34 am
Aegon says it plans to invest in a new front-end adviser portal, as the firm’s UK retail platforms suffer net outflows of £700m in the second half of 2020.
The figure was an improvement on the last six months of 2019, when £1bn flowed out from its adviser platforms – Aegon Retirement Choices and the Aegon Platform.
The business has faced a number of difficulties since a replatforming exercise that migrated 400,000 Cofunds clients onto the new Aegon platform in May 2018, but the pace of the outflows does appear to be slowing.