As part of a press release after GBST's Composer product won a UK industry award, Aegon's UK CEO, Adrian Grace, commented that, "The award endorses the superior technology supplied by GBST". Legal & General have commented "CoFunds is at the point where it requires a significant upgrade to technology to exploit it's leadership position in the UK platform market. We conclude that the best long-term commitment is best achieved under Aegon's ownership as a specialist wealth platform provider".
See:
Aegean seals £140m deal for Legal & General's Cofunds platform Deal will see British insurer Legal & General incur a £65m loss on the disposal.
