Tag Archives: Aegon

Standard Life buys Aegon UK for £2bn – as predicted.

We have had through the morning a stream of announcements from various parties What will this mean for the master trust and dwindling GPP market that Aegon once looked so central to. Scottish Equitable was Aegon before the Dutch bought … Continue reading

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Aegon to become “TransAmerica” and dispose of Aegon UK

Aegon “considers” putting UK business up for sale The business said it would begin a strategic review of Aegon UK on the day that Cushon was bought by WTW. The more restrained report “consideration” while Citywire simply reports what is … Continue reading

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Aegon produces a first rate IGC report

The Aegon IGC report is a cracker. You can download it from this link. A handy tip is to view this as a download – it’s a bit awkward in your browser. Aegon’s IGC has done the smart thing and … Continue reading

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The solipsism of the savings lobby.

The word “saving” implies “deferred gratification”.  For most people , pension saving starts with work and the payment of national insurance. My national insurance record started when I was 16 and continues to today. By the time I reach state … Continue reading

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Confusing evidence. Aon and Aegon’s bogus trade-offs

Aon has produced a survey of  Aegon customers who are approaching the point they could choose pension over pot by buying into CDC, annuitizing or drawing down from their pot.  The survey is interesting not so much for the results … Continue reading

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Assessment of 2021 IGC reports – a boring read but an important one!

Despite the efforts of the FCA to make IGC reporting more relevant to ordinary savers, I found this crop of IGC reports were bland and unambitious in their reporting of VFM. No IGC suggested that  value for money was not … Continue reading

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The “personalised nudge” – down the slippery slope or a shove towards better pensions?

This week we are hearing a lot about what providers think they should be able to do with their customers to help those customers take better decisions. A pension provider’s view of what’s good for a customer may be skewed … Continue reading

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The 2021 IGC reports – links, reviews and ratings

I’ve completed my review of the 2020 IGCs and GAAs – 15 reviews of the reports I know of. It you run an IGC or GAA that I’ve missed, please send me your report. I doubt many IGCs have met … Continue reading

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Aegon’s IGC report – a good and informative read.

Aegon has published it’s 2020-21 IGC report. In the past, I have been critical of Ian Pittaway’s reports but I sense a shift to a more responsive approach relying more on feedback from employers and consultants. This is reflected in … Continue reading

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Spot on Steven Cameron – VFM needs radical innovation!

I find myself in  agreement with Aegon’s Steven Cameron in his position on the FCA’s value for money proposals as reported in Pension Age Steven Cameron, has highlighted concerns with proposed responsibilities for Independent Governance Committees (IGCs) in the Financial … Continue reading

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