Our latest steps to take the lead in a digital future
For intermediaries only
Even before the first announcement in mid-2016 of Aegon’s plans to join forces with the UK’s largest platform, Cofunds, we’ve been clear about our ambitions to be the UK’s leading intermediated digital platform business.
Now, that ambition has taken another big step forward with some important changes to our executive team and product offering that reflect our committed focus to digital excellence in the service of intermediaries.
Integrating digital potential
Firstly, I am delighted to become Managing Director for Aegon Digital Solutions, effective June 2018. This is the first time we’ve appointed a Managing Director for our digital business. Taking on this role will allow me to focus on driving forward our plans to build a comprehensive, world-class digital service around the needs of you and your clients.
Particularly exciting for me is that this role spans our platform, workplace and protection businesses, enabling us to expand the digital potential of all three channels in a truly integrated way.
To support this goal, Richard Denning will be joining my executive team, taking on an enlarged role as Chief Transformation and Digital Officer. Richard will have responsibility for all of Aegon’s digital operations, IT and transformation activity, helping to make sure that our technology strategy continues to be delivered in co-ordinated and timely way.
Driving growth across multiple channels
To further support intermediaries and help realise our ambitions for growth across multiple channels, we’re also thrilled to welcome Ronnie Taylor who will lead our sales teams as Chief Distribution Officer.
Ronnie joins us from Scottish Widows where he was responsible for workplace, direct and protection distribution. He also previously led Standard Life’s wrap, retail and workplace businesses. In other words, Ronnie is one of the very few people in our industry with the experience across multiple channels to support our ambitions – and the advisory community we look to serve. We’re delighted to have him as part of our team.
Best-in-class investment choice
In terms of product offering, the big change is, of course, the launch later this year of our multi-manager investment proposition, Aegon Investments. This proposition will be led by David Hobbs, currently CEO of Cofunds, who will also be part of the Aegon Digital Solutions executive team.
Creating Aegon Investments will allow us to provide the outcome-focused choice that you’ve told us you need to meet clients’ long-term goals – with the flexibility to use the very best-in-class investment expertise that the asset management industry can offer. We look forward to delivering some first-class investment solutions that can form the core of many of your clients’ investment strategies.
Technology is only the start
For us, being a digital platform leader in the intermediated market means having the scale and strength not only to provide great technology, but also the human support and the quality of investment solutions that advisory firms need in order to deliver an exceptional experience to every client, every day.
I’m confident and excited that the changes we’ve announced will allow us to deliver on all those goals. Additionally, they will enable us grow our market share, our scale and long-term financial strength for the benefit of every end-investor and the advisory firms who support them.