Aegon

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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.

There is something of a dichotomy in the third-party administration industry.

Aegon staff braced for job cuts in UK overhaul; Aviva launches time to act pensions iPhone app

UK - Aegon is set to wind down its UK trustee solutions business which provides third party administration services.

Aegon is set to wind down its Daresbury-based trustee solutions business which provides third party admin services.

The coalition government must identify what motivates people to save and abandon the previous administration's "piecemeal" approach to pension and saving reform, Aegon says.

This month the panellists discuss the pace of recovery in UK real estate, and the reasons behind a possible stalling in the market

Aegon is to close half of its regional sales centres in the UK making 142 roles redundant.

The Leicestershire County Council Pension Scheme has challenged Aegon Asset Management to deliver £10m annual investment outperformance after handing the firm a £2bn asset allocation mandate.