The core of the new Aegon-based platform has been finished - meaning the life company has hit a "substantial milestone" in its re-platforming efforts in the wake of its purchase of Cofunds.
The new platfom will be based on the firm's Aegon Retirement Choice (ARC) technology with "valuable" features of Cofunds' platform added on, Aegon said. The company explained it would begin adding on these features, which include pre-funding of trades and debit card acceptance, now the foundations of the new platform have been completed. Chief distribution and marketing officer Mark Till (pictured) said the process had so far gone "exceptionally well" and that he did not expect there to be any disruptions for advisers. He added: "The firm has comprehensive plans to complete the pro...
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