Aegon 'confident' of Cofunds data migration on first May bank holiday

'Necessary steps' taken

Tom Ellis
clock • 2 min read

Aegon said it had taken the "necessary steps" to move Cofunds clients over to the new, enhanced Aegon platform with confidence in light of the struggles Aviva has faced with its new platform.

Advisers will face three days of downtime on the platform over the first May bank holiday as Aegon shifts all of Cofunds' clients from the old platform to the new. Aegon expected the new platform would be available by Tuesday 8 May after the weekend of client migration, while the old, Cofunds platform would be "fully operational" until 5pm on Friday 4 May. Aegon said its Advisory Board had agreed a long weekend when markets were closed for an extended period would "enable advisers to move seamlessly to the enhanced platform". Aegon is moving Cofunds users to its new, upgraded version ...

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