Succession has appointed Aegon’s Workplace Savings as its dedicated platform for corporate clients within the group and Succession Advisory Services.
The wrap will allow Succession’s corporate division to target the needs of employers, particularly with regard to small and medium sized businesses staging for auto-enrolment.
Sanjay Shah, Succession’s group distribution director, said: “We have been working with Aegon for over a year to ensure, firstly, that we have a market-leading proposition and secondly, a corporate wrap bespoke to our needs.
“Succession’s own InvestmentMatrix partners which include the top fund managers in the world will be available to pension members who would not ordinarily have access to our managed investment portfolios.
“Clients will have access to corporate Isas and pensions at particularly good market rates because the size of our business has enabled us to pass on lower fund management costs to our clients.”
Aegon’s Workplace Savings platform was launched in 2012 and platform strategy director Lou Macari commented that the process with Succession involved an extensive due diligence assessment.
“The new flexibilities presented by recent legislation have created the perfect opportunity to modernise schemes and increase the focus put on engaging employees with their retirement plans.
“This partnership is an excellent opportunity to work with a large, successful, acquisitive, adviser firm and we look forward to developing this relationship in the future.”
