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...

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