TPA market set to consolidate further after Aegon withdraws

clock

Aegon's announcement that it is winding up its third-party administration business is "not a surprise" as the market heads towards further consolidation, industry experts say.

Xafinity Paymaster private sector director Clare Ward said the news was not unexpected. "The TPA market is very competitive. Only the strongest TPAs are likely to survive. We think there'll be mor...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

PASA updates data matching guidance for dashboards

PASA updates data matching guidance for dashboards

New edition comes ahead of dashboard user testing

Jasmine Urquhart
clock 09 July 2025 • 1 min read
Trafalgar House launches retirement budget modeller

Trafalgar House launches retirement budget modeller

Launched in response to updated PLSA RLS to help savers understand true cost of retirement

Holly Roach
clock 25 June 2025 • 1 min read
Festina Finance enters UK pensions admin market

Festina Finance enters UK pensions admin market

Festina Life and Pension Platform will provide scheme admin for DB, DC and CDC clients

Martin Richmond
clock 23 June 2025 • 2 min read
Trustpilot