Aegon

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.

Novia's ongoing arrangement to build and administer Aegon's platform netted the group's subsidiary £1m in 2012, the latest results have revealed.

Aegon's net income fell 2% in the first half of this year, as higher underlying earnings were offset by losses on hedges due to rising equity markets and volatility - and an £18m loss on the sale of Positive Soltuions.

A surprisingly low percentage of consumers consult an adviser on a regular basis regarding their pension planning, according Aegon research.

Providers - and adviser Almary Green - have given their verdicts on news today that the government plans to lift NEST's contribution cap and transfer restrictions in 2017.

The Retail Distribution Review (RDR) is benefiting adviser businesses in both, profitability and the value of their advice, provider Aegon has claimed.

Network Intrinsic is set to buy national IFA firm Positive Solutions from parent company Aegon.