Pinsent Masons advises Aegon on major strategic platform migration project

10 May 2018 | 12:23 pm | 1 min. read

International law firm Pinsent Masons has advised Aegon on its project to integrate Cofunds customers onto its upgraded investment platform technology.

The Wealth team at Pinsent Masons worked closely with Aegon on the legal and regulatory aspects of this strategic migration of 400,000 customers and £37bn in assets, as well as the previous migration of 79,000 Investor Portfolio Service customers onto the upgraded platform at the end of 2017.

Aegon UK, which serves more than 3.5 million customers and administers approximately GBP110 billion in assets,became the largest advised platform provider in the UK following its £140m purchase of Cofunds from Legal & General which completed on 1 January 2017.  The Aegon Group is headquartered in the Hague, Netherlands and, as one world’s leading providers of life insurance, pensions and asset management, has over 28,000 employees, in over 20 countries and manage approximately €817bn of its own and customer’s investments.

The Pinsent Masons team were led by Insurance & Wealth partner Tobin Ashby and Pensions & Long Term Savings partner Simon Laight, with support from, amongst others, Senior Pensions Technician Michael Kemp, Senior Associate Georgina Fleet and Solicitor Matt Saward.

Commenting on the project, Tobin Ashby from Pinsent Masons said:

“Our Wealth team were ideally placed to be able to help Aegon UK as an important and long-standing client in meeting their strategic objectives to integrate the Cofunds customers into their business.  As a consolidation involving migrating customers on the largest advised platform in the market to upgraded and improved technology across platforms, this is a very significant project which required all of our experience and expertise in the platform and Wealth product sector.”

Laight, who manages Pinsent Masons’ relationship with Aegon, said:

“We are pleased to work with Aegon UK on such a high profile transaction in the industry.  We expect this kind of consolidation to continue to become an increasing focus in a rapidly changing retail investment market.”

Latest press releases

Show me all press releases

Pinsent Masons advises on first digital asset-based fund listing on Nasdaq Dubai

Multinational law firm Pinsent Masons has advised leading digital asset management company 3iQ Corp (3iQ) on its listing of The Bitcoin Fund on Nasdaq Dubai.

Pinsent Masons wins Construction Team of the Year at the Middle East Legal Awards

Multinational law firm Pinsent Masons has won Construction Team of the Year at the Middle East Legal Awards 2021.

Pinsent Masons collaborates with LifeArc on expert paper to support drug repurposing

Multinational law firm Pinsent Masons has collaborated with medical research charity LifeArc, on a new report offering expert advice, insights and practical tips to charities, researchers and funders hoping to repurpose drugs for other – often rare and fatal – conditions.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises on first digital asset-based fund listing on Nasdaq Dubai

Multinational law firm Pinsent Masons has advised leading digital asset management company 3iQ Corp (3iQ) on its listing of The Bitcoin Fund on Nasdaq Dubai.

Pinsent Masons wins Construction Team of the Year at the Middle East Legal Awards

Multinational law firm Pinsent Masons has won Construction Team of the Year at the Middle East Legal Awards 2021.

Pinsent Masons collaborates with LifeArc on expert paper to support drug repurposing

Multinational law firm Pinsent Masons has collaborated with medical research charity LifeArc, on a new report offering expert advice, insights and practical tips to charities, researchers and funders hoping to repurpose drugs for other – often rare and fatal – conditions.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts