Tag Archives: Aegon
Not a bad week for Pension Reform , Edinburgh Derbies and ping pong
I think there is a little frustration in this post, a frustration that resonates around the pensions industry that for all the noise, nothing has changed in the Pensions Bill , except a tweak on the Reserve powers of … Continue reading
Standard Life could outgun Hargreaves and AJ Bell but none of these retailers will offer pensions.
You’d think that in insurance terms, yesterday a British club beat off Europe. I’m not talking Arsenal but Standard Life. A few decades back I worked for Eagle Star and Allied Dunbar and they got eaten by Zurich who set … Continue reading
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
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
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
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
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
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
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
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