AEGON and Openwork extend their partnership

AEGON and Openwork have announced an extension to their partnership as the relationship continues to benefit both businesses.

AEGON has been the sole provider of pension products to Openwork’s 2,600+ strong adviser network, since it was launched in 2005. The market-leading offshore Wealth Management Portfolio (WMP) was added in 2006. And in May this year, AEGON’s innovative 5 for Life retirement planning solution was also included in the Openwork range.

AEGON’s partnership with Openwork began when the network launched in June 2005, and in 2006 over 5% of AEGON’s pensions new business came from Openwork advisers. Today, Openwork is one of AEGON’s largest distributors of investment and pension products.

Peter Dornan, Director of Partnership and Distribution Development at AEGON said, “Our relationship with Openwork is an increasingly valuable partnership for AEGON, enabling us to reach new customers with our range of pension products We are pleased to look forward to continuing our involvement with Openwork, and are delighted to be able to offer 5 for Life and our Wealth Management Portfolio products to their customers”

Jonathan Miller, Openwork Marketing Development Director comments, “We have a strong relationship with AEGON and are very happy to continue building on this, with their support to our network and products that lead the market place and fulfil our clients’ needs.

“Openwork is committed to offering our clients a comprehensive range of investment products and see innovative planning solutions such as AEGON’s 5 for Life becoming much more mainstream with more investors looking for a guaranteed income”