TPA market set to consolidate further after Aegon withdraws
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 more consolidation...
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