The Hague and New York —
Merrill Lynch says it will continue to serve the insurance needs of its clients through its core distribution and advisory capabilities, as well as offer its Merrill Lynch Investor Choice Annuity product through its financial advisor network. Products will be issued by the companies AEGON is acquiring. Merrill Lynch also notes that both companies anticipate substantial benefits for clients arising from this partnership including increased breadth of product offerings and enhancements to existing products.
AEGON's Transamerica companies will provide support to the Merrill Lynch financial advisor network.
Source: Merrill Lynch