Tag Archives: Aegon

How do Customers benchmark what’s good about their DC pension?

Posted on October 22, 2018 by

For employer’s it’s all been about inter-operability I’m returning to a question that has bothered me since the inception of auto-enrolment over six years ago. To begin with, it was a question for employers and could largely be answered in … Continue reading →

Posted in actuaries, advice gap, pensions | Tagged , , , , , , , | 3 Comments

Back in the bubble – how the pension industry feeds itself (but no-one else)

Posted on August 18, 2018 by

Looking back over the headlines in the trade press, I read a depressing litany of stories about the industry feeding itself. Aegon says it has deep pockets (to compensate financial advisers). It’s chief executive calls its life company (the once … Continue reading →

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IGC Class of 2018 – the results are in – this is how your Chair Report stacks up.

Posted on April 17, 2018 by

    So  here are my ratings for the principal IGC reports that I can find. There may be more reports skulking out there and I’ll be adding them if they get reported to me! As you can see, they … Continue reading →

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Aegon almost perfect – says Aegon IGC

Posted on April 8, 2018 by

Aegon’s IGC has produced a Chair’s Statement which reads like a corporate brochure for the Dutch life insurance company. The most used word in Ian Pittaway’s IGC report is “challenge”, but no challenge emerges. Aegon turn out to be get … Continue reading →

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Aegon stung into action by the Bee!

Posted on February 11, 2018 by

Let your people go! It looks like Aegon has backed down and agreed to treat its customers wishing to transfer to PensionBee, fairly. This report, based on what appears to be a press release from Aegon, suggests that Aegon will … Continue reading →

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Trial by twitter’s fine by me!

Posted on February 7, 2018 by

An IFA withdraws its transfer service complaining it’s the victim of “trial by twitter”. Accountability is something that falls hard on adviser’s shoulders. Because we are in the business of longer term investment, the outcomes of our advice will typically … Continue reading →

Posted in pensions, twitter | Tagged , , , , , , , | 4 Comments

Probably the best watched pension video ever

Posted on February 5, 2018 by

How did a pension company who nobody’s ever heard of create a pension video that’s had 25,000 views in two days? Here’s how; the company’s Pension Bee, the subject “how to transfer your pension away from Aegon” “It’s your money, … Continue reading →

Posted in pensions | Tagged , , , | 4 Comments

PensionBee stands up to the bullies at Aegon.

Posted on January 29, 2018 by

Let my people go This story begins with an interview between Adrian Grace, CEO of Aegon and Professional Adviser. Grace tells Laura Miller “The old world doesn’t work anymore. We believe that by agitating the market, there will be more … Continue reading →

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Pot follows member (unless we want to keep it where it is).

Posted on August 11, 2017 by

  In a statement this week on the sluggish service standards of firms administrating our Defined Contribution occupational pension schemes, the PLSA concluded The median transfer time is 11 days, and although some are much longer1, this is principally due … Continue reading →

Posted in advice gap, pensions | Tagged , , , , | 2 Comments

Full of sound and fury…Aegon’s 2017 IGC

Posted on April 9, 2017 by

  I hadn’t been aware that IGCs had been submitting their statements to win awards. But the first think I am taught about Aegon’s activities last year is that in 2016 the Aegon UK IGC was awarded the “Best Independent … Continue reading →

Posted in pensions | Tagged , , , , | 2 Comments