Aegon

Fiona Murphy asks what does the ABI's social care Statement of Intent mean for the long-term care market?

Aegon product director Colin Bell dissects Steve Webb's switchable annuities plan

A panel of pension experts has been appointed to carry out the audit of high cost and legacy defined contribution (DC) workplace schemes, prompted by last year's Office of Fair Trading (OFT) investigation.

Aegon UK is to buy Novia Investment Services Limited (NISL) from parent Novia Financial in a deal which brings its platform development business in-house, IFAonline's sister title Investment Week can reveal.

New life sales at Aegon's UK business were £190m in the third quarter of 2013, a 17% rise on the corresponding period last year, thanks to auto-enrolment, group pension and platform sales.

Pension provider Aegon has warned the government not to act rashly on auto-enrolment scheme charges, saying an outright cap may harm the policy.

At Retirement Choices (ARC), the investment platform soft launched two years ago by provider Aegon, has gained more than £1bn assets under management.

TAKE NOTE

Insurers have welcomed the Office of Fair Trading's (OFT) recommendation to introduce independent governance committees for contract schemes.

Aegon-owned network Origen chief executive Mike Kirsch has stepped down with immediate effect.