AEGON UK pensions lauds 'significant step'

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AEGON UK pensions lauds 'significant step'

A significant step has been taken by AEGON UK pensions, according to one finance expert from the firm.

Andy Marchant, marketing director at the company, made his comments regarding a deal agreed with GBST for the organisation to provide its Composer technology for AEGON.

He said: "We are impressed with GBST's Composer solution providing us with a flexible, scalable and cost-effective investment trading solution."

In his view, this will be a significant step for AEGON UK pensions and will help the firm to offer improved customer service and support.

The company explained that GBST Composer is an IT programme that helps investment trading.

Mr Marchant noted that GBST was only chosen after a rigorous selection process and AEGON is delighted to be working with the business.

The retirement income provider recently announced the launch of its Investment Control option, which offers guaranteed income of five per cent of the initial capital over 20 years, no matter how equities perform.

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