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.”
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In the first of a two-part series, Russell Lee (left) and Tom MacAulay (right) from Legal & General's Pension Risk Transfer business look at pension consolidation vehicles from different angles and provide an insurer's perspective
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In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.