Fund update Name changes for Aegon JLT funds

From 30 June 2021, funds previously containing ‘JLT’ will change to include ‘Mercer’. These changes will be applied across our pension and Aegon Retirement Choices (ARC) insured fund ranges.

Nothing else about the funds will change as part of this rebrand; the fund manager, the investment objectives, Aegon risk ratings and charges will remain the same.

Why the names are changing

In 2019, Mercer (a subsidiary of Marsh & McLennan) acquired Jardine Lloyd Thompson Group (JLT). Mercer believe that aligning the names of the JLT funds with the Mercer brand will be simpler and more consistent for investors.

To ensure consistency for our customers, we’re changing our fund names to match the underlying fund names. The funds’ short names, which appear on plan statements, will also change to reflect this. Both old and new names are shown in the tables below.

The changes in more detail
 

For more information on these funds, you can view the fund fact sheet via the ‘Fund prices and performance’ page and viewing either ‘Other fund ranges’ or ‘Aegon Retirement Choices (ARC)’.

What current investors need to do

Current investors don't need to do anything. The changes will be implemented gradually across our literature, fund factsheets and on our website, so you may notice both the old and new names in use for a time.