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Paradigm selects Aegon for off-platform GPP

by Jun Merrett on Nov 19, 2012 at 13:19

IFA group Paradigm has picked Aegon to provide its off-platform group personal pension (GPP) for its corporate clients.

The Aegon GPP will sit alongside Paradigm's corporate wrap platform Amber which is powered by SEI and its other offerings including a Sipp, an individual savings account and a general investment account and also Paradigm's Jargon Free Benefits corporate compliance offering.

Anthony Morrow(pictured), partner at Paradigm, said: 'As both businesses continue to attract advisers and assets we are continually looking to adapt and develop the proposition to meet the needs of the advisers that use them.'

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2 comments so far. Why not have your say?

I may be losing the plot in the run up to RDR, but how, as an IFA, can you pick one GPP for all corporate clients and still say that you are independent, the choice having been made before a full assessment of the clients' needs?

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BRIAN ALLEN

Nov 19, 2012 at 19:47

I personally feel the issue here is individual v group. I am confident that due diligence will have been undertaken in the selection process,independent in itself, with the buying power and advantages that overall cost savings that Gpp's provide for individuals a pre-requisite and overiding influence in improving individuals prospects in retirement as a consequence.For individuals who have other pension 'pots' deferred elsewhere a full assessment of client needs is appropriate, in which case, Pauls point is acknowledged..

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