Published: 09:00 AM CET
a.s.r. bank, part of ASR Nederland N.V., and Van Lanschot Kempen announce a partnership agreement. This agreement serves to allow well over 15,000 customers, with an investment account with a.s.r. bank, the opportunity to switch to Evi van Lanschot (Evi) at no cost. This partnership is the final step for a.s.r. in the phasing out of its banking activities.
On 8 January, customers of a.s.r. have been informed that a.s.r. bank will discontinue its investment services. Following this, customers have been informed on 15 January about the possibility to transfer to Evi, the online investment platform of Van Lanschot Kempen. Starting today, they will have three months to do so. a.s.r. and Van Lanschot Kempen expect to realise the partnership in the first half of 2020.
The total portfolio of investment accounts of a.s.r. comprises €370 million in assets under management (AuM). Precisely how much capital will eventually be transferred to Van Lanschot Kempen depends on the choice customers make.
Jos Baeten, CEO of a.s.r.: ‘In Van Lanschot Kempen we have found a suitable party to serve our customers who currently have an investment account with a.s.r. bank. At an earlier stage, we positioned the bank as non-core activity of a.s.r. This partnership agreement marks the final step in the process of phasing out our banking activities.’
Richard Bruens, member of Van Lanschot Kempen’s Executive Board, added: ‘Evi is extending a very warm welcome to a.s.r. clients with an investment account. As an online investment coach providing personalised attention, Evi is eminently placed to offer these clients an appropriate investment solution – online wealth management giving insight into their investments and access to Van Lanschot’s expertise.’