Honister: Aegon latest provider to approve bulk transfers

Nicola Brittain
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Pensions and insurance provider Aegon has said it will accept requests from former Honister Capital IFAs to transfer in bulk the advisers' clients to their new employer.

It follows the unprecedented move by Honister administrators Grant Thornton to approve the sale of Honister advisers' pipeline commission to corporate advice firm MacRobins. Aegon said it has been in "continual communication" with both Grant Thornton and MacRobins and wants to ensure it is acting within its contractual obligations. But it said it wished to support Honister advisers where it could and would accept bulk transfer requests from Honister advisers who are registered with a new agency and who have negotiated a transfer. Aegon's position reflects that of other providers, i...

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