UK - Aegon UK has bought a 50% stake in retirement adviser Wentworth Rose to expand the distribution of its retirement solution products.
Previously Aegon only distributed its products – branded under Scottish Equitable subsidiary – through independent financial advisers.
Aegon UK group chief executive David Henderson said: “This partnership with Wentworth Rose is Aegon UK’s first significant investment in distribution capability and signifies a major strategic move.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.