Aegon rules out move into DB transfer advice
‘Do not wish to compete with advisers’
Steven Cameron: "We do not wish in any way to compete with advisers, we want to support advisers do what they do best, and that's at the heart of our strategy."
Provider Aegon has ruled out venturing into financial advice on defined benefit (DB) pension transfers, saying it does "not wish to compete with advisers".
The firm's pension director Steven Cameron said the provider had no intention of coming into the DB transfer or advice markets at any point in the future and that doing so would be against company strategy....
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