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Aegon adds ‘5 for Life’ to Openwork range

Aegon and Openwork have announced an extension to their partnership to include Aegon’s 5 for Life product in the Openwork range.

Aegon says it has been the sole provider of pension products to Openwork’s adviser network since it was launched in 2005 and the offshore wealth management portfolio was added in 2006.

Aegon director of partnership and distribution development Peter Dornan says: “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.

Openwork marketing development director Jonathan Miller says: “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.”

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