Aegon has concluded the final steps of its takeover of BlackRock's defined contribution (DC) platform and administration businesses over two years after announcing the plans.
Around £15bn of assets have been transferred since the deal was announced in May 2016, with the final phase of transferring around 450,000 customers completed today (3 July) after being approved by...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date