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Earnings at Aegon UK declined in the second quarter as the insurer continues to pay millions in customer redress following administrative problems at Scottish Equitable.
Arch cru investors want to know why Capita won't be fined like 27 other firms who they say failed in the same way. Levy paying IFAs should want to know too.
Barclays was hit with more than 276,000 customer complaints in the second half of last year - or the equivalent of more than 1,500 per day. But how did the major insurance companies fare?
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Andrew Tully has been appointed retirement income technical manager at MGM Advantage.
Friends Provident is facing calls to review hundreds of pension transfers after an IFA formally complained details about bonus guarantees had been left off a client's statement.
Aegon expects to complete a customer redress exercise currently estimated at £60m by the end of next year.
Scottish Equitable has been fined £2.8m by the FSA for a series of administrative failings including underestimating the value of customers' future pension benefits to the tune of almost £7m.
Standard and Poor's(S&P) has downgraded pension provider Scottish Equitable and warned on the restructure of parent company Aegon.
Aegon has switched the pricing of the £1bn Aegon Scottish Equitable Property fund from a cancellation to a creation basis to reflect recent positive inflows.
Aegon UK today named Duncan Jarrett as sales director, replacing retiree David Rogers.
Aegon is set to drop the famous Scottish Equitable name as part of a strategic re-brand.
It’s shaping up to be an autumn crammed full of government announcements on pensions reform, including personal accounts.
I like working in pensions. This completely amazes people who are not connected with the industry, but it’s true. Part of what I like is that things are constantly changing and there’s always something different to talk about.
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