Aegon teams up with Mercer and OBSR for governed range

Aegon is launching a new governed range for its corporate pensions offering, built around 46 best of breed funds selected and monitored by Mercer and OBSR.

The move is designed to relieve trustees and advisers of the burden of constantly monitoring the suitability of funds offered to scheme members, whether through trust-based plans or GPPs.

Aegon says employers opting for its new corporate governed investment proposition will benefit from the Mercer monitoring process for no extra charge. If Mercer decides to deselect a fund, members and trustees are notified of the change and can be invited to switch.
Advisers can choose from Aegon’s off-the-shelf investment solutions or build a sophisticated, bespoke solution of their own to reflect the needs of different clients.

The life office says it is in talks with Mercer about the launch of governed default strategies at some stage in the future.
OBSR will also be involved in the selection of funds for Aegon’s new corporate and individual proposition.

Andy Marchant, life and pensions marketing director at Aegon says: “We know that these days advisers want to spend more time advising clients and less time researching funds, so we’ve created two distinct fund ranges, one for individuals and one for corporate customers, each containing highly rated, hand-picked funds.

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