Aegon to acquire BlackRock's DC platform and administration arm
Aegon has agreed to purchase BlackRock's defined contribution (DC) platform and administration arm, increasing its platform-based workplace savings business to £30bn.
Aegon will take on around £12bn of assets and 350,000 customers from the asset manager, and the new business will be run by BlackRock's head of DC Paul Bucksey (pictured above) who will be appointed managing...
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