Aegon

In this Retirement Planner inquiry, Helen Morrissey asks what must happen in order to raise awareness of unit-linked guarantees

Ten of this week's best read news stories...

Aegon paid 94% of critical illness (CI) claims in the first half of the year, a 3% increase on its overall result for 2010 (91%).

Tommy Young has been appointed chief operating officer for Aegon UK's life and pensions business.

Aegon today confirmed the sale of its UK-based life and pensions business Guardian to European private equity group Cinven, for a total cash consideration of £275m.

Question: Complexity and cost are two reasons I give when asked why I don't recommend unit-linked guarantees to my customers. Are we likely to see more cost effective products coming onto the market?

Question: What are you doing to allay customer concerns about the longevity of this market?

Scottish Life has been ordered by the Pensions Ombudsman (PO) to pay out £2,700 in compensation plus an adviser's fees after it badly administered a pension transfer.

Origen Retirement Solutions, the at-retirement arm of Aegon-owned advisory firm Origen Financial Services, has introduced a new system to speed up the annuity underwriting process.

The FSA today published its Policy Statements on platforms, with the delay in setting rules on cash rebates the surprise outcome...