Aegon annuity sales head Cardy made redundant

The firm says it remains committed to the annuity market, but had made changes to its adviser support teams to reflect developments in the market. The position of annuity development manager, held by Jeremy Haines, has also been made redundant but Haines will be redeployed elsewhere in the business. Aegon says it is reforming its sales teams from its current product-based approach to one which focuses on four themes. The themes are pre-retirement, at retirement, protection and corporate. An Aegon spokesman says: "We remain committed to the annuity market and to supporting our advi...