Aegon

Aegon's executive chairman of distribution Patrick Gale has left the business.

Advisers can choose to remain haunted by the ghosts of Christmas past or embrace the ghost of Christmas future, says Aegon's head of Business Brain, John Joe McGinley.

Aegon has appointed Duncan Jarrett to the role of retail managing director following a restructure at the group.

Origen Financial Services is to launch a restricted advice proposition for the workplace market in the new year.

Aegon has launched a range of lifestyle funds to better cater for clients saving for retirement during ‘constrained economic conditions'.

Advisers fear weak interest rates and turbulent markets will hit people's defined contribution (DC) pension funds, Aegon research has revealed.

RETIREMENT

Aegon has blamed the run up to the Retail Distribution Review (RDR)for a £4m hit on its profits, its latest results showed.

Aegon will transfer the operation of its defined benefit pension schemes to JLT Benefit Solutions under a partnership agreement which will see 100 staff transferred from the life company.

Aegon has announced its post-Retail Distribution Review (RDR) charging structure and the closure of several of its products alongside an overhaul of its pensions range.