7th May 2014

Aegon announces new fund manager partnerships

Aegon is delighted to announce that advisers and their clients will be able to access its new One Retirement pension offering from today.

One Retirement lets investors grow their savings and take an income in one place, and in a way that suits their specific needs and circumstances. 

From today One Retirement will offer simpler charges and no product charge for assets of £250k or above. It will also offer a streamlined fund range which includes a compelling choice of funds from Aegon and from five market-leading managers. These partners  have been selected in conjunction with Morningstar OBSR.

This new proposition focuses on simplicity. It responds to adviser demand for a straightforward, scalable and repeatable solution to support clients following the 2014 Budget announcements.

As part of Aegon’s broader ambition to get the UK ready for retirement, it aims to help investors navigate the widening range of retirement options available to them.

New fund range

Key to the One Retirement offering is the high proportion of one-fund solutions in the new range – including Aegon’s innovative and highly successful Core Risk Profile, Select Risk Profile and MI Savings ranges. One Retirement also has fund options specifically designed for investors who want to enter drawdown, including a new income solution – the Aegon High Income fund – which launches later this month.

Finally, One Retirement offers a succinct range of actively and passively managed funds covering major asset classes. This includes funds from five partner fund managers: Henderson Global Investors, Kames Capital, Old Mutual Global Investors, Schroders and Threadneedle Investments. Each partner was chosen in conjunction with Morningstar OBSR for its breadth across asset classes, brand strength and for selected areas of excellence. Aegon then selected the funds from each manager to be included in the One Retirement range. 

Nick Dixon, Aegon Investment Director, said: “Simplicity is at the heart of One Retirement. This fund range aims to help savers find the right funds faster by including only the very best pension funds in the market.

“The inclusion of our highly regarded risk target funds – one-fund solutions that target a specified risk appetite - reinforces our drive to make retirement saving straightforward and lets advisers focus on advice. Following a detailed selection process we’re also delighted to announce our new partners. Each was chosen in conjunction with Morningstar OBSR as high-quality investment houses with selected areas of excellence and they bring high quality funds to our focussed range.”

The new One Retirement fund range launches today with 62 funds covering all major asset classes, growing to 98 as the range is developed in the coming months.

The simplified pricing structure announced on 2 April, comes into force today for new customers.

Retirement, Pensions, Investments