AEGON buys Positive Solutions

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AEGON UK has purchased a 60% stake in the national business advisory business of Positive solutions ...

AEGON UK has purchased a 60% stake in the national business advisory business of Positive solutions (Financial Services), with the option to buy the remaining 40% by 2006. Positive Solutions, headquartered in Newcastle, is the fourth IFA purchase for AEGON, along with Wentworth Rose, Advisory and Brokerage services and Momentum, all acquired earlier this year. The firms are part of AEGON Distribution Holdings. "The deal with Positive Solutions represents a sizeable and dynamic addition to our distribution business and brings to the group not only a large increase in adviser number...

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