Aegon rolls out electronic discretionary trust form for protection policies

Streamlined trust process

John Brazier
clock • 1 min read
Aegon rolls out electronic discretionary trust form for protection policies

Only one in five Aegon protection policies are currently held in a discretionary fund

The new discretionary trust form can be signed electronically by all settlors and trustees typing their names electronically, instead of having to sign using pen and paper. Aegon stated that the form is designed to streamline the process of establishing a discretionary trust, both during the initial protection application and if assigning an existing policy into trust. Research from Aegon has found that only one in five of its protection policies are currently held in a discretionary tr...

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