This week Mark Loosmore of AT8 Group looks at the belated entry of Aegon into the still growing wrap marketplace.
Just as I thought I had written my last article on platforms, there came the announcement from Aegon that it had teamed up with Novia to launch its own wrap proposition. Aegon is a large brand and the proposition is significantly different, so it is well worth extending the series on platforms for one more week. Aegon needs little introduction; in the UK alone it offers pensions, life insurance, asset management and financial advice to around two million customers and has assets under administration of £57.6bn. The firm has sat on the fence for some time on the issue of platforms, with r...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes