Aegon

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.

A potential gap looms between employee and employer expectations of when workers will retire, an Aegon report has warned.

Aegon has declared its "full support" and confidence in the future of its national IFA brand, Positive Solutions, despite a number of high-profile departures and disruption caused by an exit clause introduced last year.

Chris Hull, head of operations at Aegon-owned national IFA Positive Solutions, has left the company after nine years.

It's been a long time coming, but finally it's the official launch day of automatic enrolment.