Aegon buys 50% stake in Wentworth Rose

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Aegon UK, the parent company of Scottish Equitable and Aegon Asset Management UK, has just announced...

Aegon UK, the parent company of Scottish Equitable and Aegon Asset Management UK, has just announced it is taking a 50% stake in Wentworth Rose, the IFA firm. Managed under new business division called Aegon UK Distribution Holdings, Wentworth Rose was acquired for an undisclosed sum and is the first of several acquisitions, says a spokesman for Aegon. Moreover, the asset management and insurance firm also has an option to increase this holding in the Camberley-based IFA group. All 98 staff, including 46 Registered Individuals, are expected to stay at Wentworth Rose's four o...

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