Aegon offloads UK life and pensions outfit Guardian

clock

Aegon today confirmed the sale of its UK-based life and pensions business Guardian to European private equity group Cinven, for a total cash consideration of £275m.

Guardian, which manages more than 300,000 life insurance policies in the UK, has been closed to new business since 2001. Aegon Asset Management has entered into a long-term agreement with Cinven...

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 Industry

PMI launches survey on DB investment governance

PMI launches survey on DB investment governance

Research aims to gain understanding of how DB governance is changing in practice

Professional Pensions
clock 08 May 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR funding statement; WTW completes Cushion acquisition and Safe Covenant launch

Professional Pensions
clock 08 May 2026 • 1 min read
Property could help to support retirement income, SPP finds

Property could help to support retirement income, SPP finds

Poll finds 90% believe real estate has a role to play in supporting retirement income

Martin Richmond
clock 08 May 2026 • 1 min read
Trustpilot