Aegon will face issues with its re-platforming project but it is going about its task the right way, according to the lang cat founder and principal Mark Polson.
Aegon, whose £140m purchase of Cofunds was completed at the beginning of January, is to create a new platform based on its Aegon Retirement Choices (ARC) platform for its Cofunds clients while it upgrades and enhances the current ARC offering for its existing Aegon clients. The firm ultimately plans to move its existing ARC clients over to join the Cofunds customers on the new ARC-based platform. The Cofunds platform will then cease to operate. According to Polson (pictured), Aegon's strategy of migrating the Cofunds clients to the new platform followed by the existing ARC customers i...
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