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Press releases

Below you can access the latest press releases from AEGON in the UK.

July 2008

04 July - AEGON Scottish Equitable enhances its individual Critical Illness Proposition
From 7 July AEGON Scottish Equitable will be adding five more illnesses, taking the total number of conditions covered to 36. In addition, the company has improved three illness definitions to ABI+, making four in total.

03 July - AEGON urges PADA to put security first when setting personal accounts charges
AEGON is calling on the personal accounts delivery authority (PADA) to make the long term financial security of the personal accounts scheme top priority when recommending the charging structure for personal accounts.

June 2008

24 June - AEGON Scottish Equitable asks, when is tax free not tax free?
AEGON Scottish Equitable is warning advisers to be aware of their clients’ potential inheritance tax liability that may be incurred if they have amassed a large portfolio of tax free savings such as PEPs and ISAs.

19 June - AEGON‘s new ‘Simply Investments’ pack helps make investing easier to understand
AEGON Scottish Equitable is launching a new initiative to help financial advisers explain the sometimes complex world of investment to their clients.

05 June - Origen acquires law firm's financial services business
Origen the leading independent financial adviser, has acquired the financial services business of the 20 partner law firm, Thackray Williams LLP, for an undisclosed sum.

05 June - HS Admin launches data service range
HS Admin, the specialist third party administration provider, has launched a packaged independent data service available to all pension schemes in the UK.

May 2008

28 May - AEGON Scottish Equitable increases catastrophe cover limits for group schemes
AEGON Scottish Equitable has redefined its catastrophe limits for Group Life schemes by looking at concentration of risk by building rather than postcode.

21 May - AEGON Scottish Equitable launches adviser extranet service for Investment Control bond
AEGON Scottish Equitable today announces the launch of a new adviser extranet service for use with its guaranteed onshore bond - ‘Investment Control’

19 May - AEGON launches ‘Income for Life’ At-Retirement Solution
AEGON today announces the launch of its new retirement solution product, ‘Income for Life’, which offers customers a guaranteed income for life and control of their investment up to age 75.

16 May - AEGON welcomes DWP clarification on auto-enrolment into Group Personal Pension schemes
The Department for Work and Pensions has today announced that the European Commission has confirmed automatic enrolment of members into contract-based schemes, such as Group Personal Pensions (GPPs), from 2012, is consistent with EU law.

12 May - AEGON UK appointed as specialist pensions provider for Clydesdale Bank and Yorkshire Bank
AEGON UK has achieved another important distribution partnership having been appointed as the provider of deferred SIPPs and income drawdown products for Clydesdale Bank and Yorkshire Bank.

08 May - AEGON Scottish Equitable leads the market with a minimum 21 day guarantee rate period on all annuity quotes
AEGON Scottish Equitable today announces an important improvement to its market leading annuity proposition.

07 May - AEGON UK reports solid first quarter 2008 business performance
AEGON UK today announces a solid first quarter performance with life and pensions new business levels matching the same level as the first quarter of 2007, despite more challenging market conditions.

02 May - Many employers still to make A-day changes a reality for employees
Two years on from A-Day, AEGON Scottish Equitable has found that many employers are still unaware of some of the opportunities that have arisen following the significant tax changes brought in by the Finance Act, and have not yet taken steps to realise the benefits on behalf of their employees.

April 2008

29 April - FSA risks widening advice gap warns AEGON
Proposals in today’s FSA retail distribution review interim feedback statement to create a simplified market, distinguishing between advice and sales, could risk leaving millions of people without access to professional financial advice says AEGON.

23 April - AEGON UK donates £2,045 cash to two local Daresbury charities
HS Administrative Services Limited, part of AEGON UK the leading life and pensions firm, has donated £2,045 to two well known charities thanks to the efforts by staff at its Daresbury offices. The two charities are Marie Curie Cancer Care and the NSPCC.

22 April - AEGON offers guarantees with launch of Investment Control
AEGON Scottish Equitable has launched Investment Control, an onshore bond offering investors a wide choice of funds, control over how the bond is paid for and certainty of money-back guarantees.

18 April - Sustainability holds the key to Personal Accounts’ success says AEGON
The personal accounts delivery authority (PADA) can’t afford to compromise on sustainability when choosing a charging structure for personal accounts says AEGON, one of the UK’s leading pensions providers.

14 April - AEGON comments on National Statistics Office findings on pension saving
Updated research, published today by the National Statistics Office, shows that almost half of people coming up to retirement are facing up to a less than comfortable retirement.

08 April - AEGON UK donates £26,000 cash to three local Lytham and Fylde charities
Leading life and pensions firm AEGON has donated over £26,000 to three local charities in the Lytham and Fylde area thanks to the efforts by staff at its Lytham headquarters. The three charities are North West Air Ambulance, Trinity Hospice and the Special Care Baby Unit at Blackpool Victoria Hospital.

March 2008

21 March - Rangers football club teams up with AEGON UK to launch Rangers Money
Rangers Football Club is teaming up with leading long-term savings group AEGON UK to launch Rangers Money, an official Club service that will offer independent financial advice to supporters.

11 March - AEGON Scottish Equitable provide advisers with more business protection tools
AEGON Scottish Equitable, one of the leading providers of Business Protection solutions in the UK, has today made it much easier for advisers to accurately identify their client’s business protection needs and address the estimated £500 billion gap in this type of insurance.

6 March - AEGON UK delivers profitable new business growth in 2007
AEGON UK today announces increased new business growth and a 27% increase in profitability for 2007, making it another record year of business performance.

3 March - Publication of the Thoresen Review of generic financial advice
Today Otto Thoresen presents the final report of his review of generic financial advice.

February 2008

29 February - Exemption test is a ‘cost time-bomb’ for UK employers, warns Origen
With Personal Accounts now looming large on many employers’ horizons, Origen has issued a stark warning to the UK government regarding the true impact of part of its proposed legislation.

January 2008

24 January - Workplace education key as AEGON enhances pension scheme websites
Research by Marketing Sciences (2007) has found that the most popular source for people to get information on retirement is from their employer.

18 January - AEGON UK introduces deferment for certain payments from property funds
AEGON UK is introducing a deferment for certain payments from the Scottish Equitable Property fund, Select Reserve fund and Select Distribution fund.

10 January - AEGON welcomes ABI announcement on new measures for non-disclosure
AEGON today welcomes the ABI announcement on changes in the treatment of protection claims where medical information has not been fully disclosed.

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