News editor's view: Standard Life/Aegon UK – Another big deal to digest

The news editor's Friday Night Takeaway from 17 April

Isabel Baxter
clock • 3 min read

Another huge deal hit the headlines this week, as Standard Life announced that it would be buying Aegon UK for £2bn, creating the UK’s largest savings and income provider.

Advice M&A is a focus area for me, and in recent conversations experts in the field told me that more deals would be on the agenda. The latest development goes to show that they were spot on. Just four months into 2026, we have already seen multiple M&A announcements involving big-name firms, all looking to increase market share. As a reminder, alongside this week's £2bn deal, so far this year, we have had Schroders sold to Nuveen, with majority shareholder approval confirmed yesterday, and Natwest announce that it would be buying Evelyn Partners. Chapters Financial's Keith Chur...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

UK IFA deal numbers hit 'new peak' in 2025

UK IFA deal numbers hit 'new peak' in 2025

Deals rose from 50 to 133 between 2020 and 2025

Sophia Panayi
clock 12 May 2026 • 4 min read
Phillip Wickenden: The political map has been redrawn

Phillip Wickenden: The political map has been redrawn

'The market is not pricing personalities. It is pricing discipline'

Phillip Wickenden
clock 11 May 2026 • 6 min read
Why the end of paper shareholdings matters now

Why the end of paper shareholdings matters now

‘There is still time before the 2027 deadline’

Ben Rogers
clock 11 May 2026 • 4 min read