The trade union which represents Aegon staff has branded the life company's move to cut 160 roles as "devastating".
Aegon is cutting its sales force and support roles by 160 with immediate effect and will be closing all six regional sales centres over the next six months.
Retirement Planner's round-up of the top pension stories this week.
Aegon-owned distribution arms Positive Solutions and Origen have posted a combined loss of £1.7m in 2013 Q1 results released today.
The Financial Conduct Authority's decision to ban rebates on legacy business from April 2016 is set to be a painful one for the industry, according to Cofunds.
Positive Solutions, the UK's largest national independent financial advice firm, has made LifeQuote, a protection platform, available to its advisers.
Steve Webb's pot-follows-member pension policy will make it easier for people to manage multiple pension pots but clarification is needed on the role of advice, Aegon has said.
The role of advisers must be a key focus for the Office of Fair Trading (OFT) market study into the workplace defined contribution (DC) pension market, according to Aegon.
Four platforms are to allow advisers to automatically calculate tax liabilities for clients, following HM Revenue and Customs' decision to tax rebates paid by fund managers.