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Aegon UK
Aegon UK (Aegon) is an Edinburgh based financial services provider specialising in pensions, investments and insurance.
Aegon is the brand name for Scottish Equitable plc and it is a subsidiary of Aegon Ltd, a multi-national life insurance, pension and asset management company headquartered in Bermuda.
The Scottish Equitable Life Assurance Society was founded in Edinburgh in 1831 and in 1861 it began paying out its first pension to a customer.
In 1994, the company became Scottish Equitable plc with Aegon N.V. buying a 40% stake in the business. Aegon NV increased that stake to 100% by 1998.
In 2006 Scottish Equitable plc was rebranded as Aegon Scottish Equitable and in 2009 this was shortened to Aegon, although the legal entity is still Scottish Equitable plc.
Aegon acquired Cofunds, a UK based investment and administration service in 2016.
In May 2016 Aegon announced that it would acquire BlackRock's UK defined contribution platform (including Master Trust) and administration business, with the transfer completing in 2018. The Master Trust was authorised by The Pensions Regulator in September 2019.
In March 2020, Mike Holliday-Williams became the new CEO following the retirement of Adrian Grace after 10 years with Aegon.
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Aegon UK
Aegon UK (Aegon) is an Edinburgh based financial services provider specialising in pensions, investments and insurance.
Aegon is the brand name for Scottish Equitable plc and it is a subsidiary of Aegon Ltd, a multi-national life insurance, pension and asset management company headquartered in Bermuda.
The Scottish Equitable Life Assurance Society was founded in Edinburgh in 1831 and in 1861 it began paying out its first pension to a customer.
In 1994, the company became Scottish Equitable plc with Aegon N.V. buying a 40% stake in the business. Aegon NV increased that stake to 100% by 1998.
In 2006 Scottish Equitable plc was rebranded as Aegon Scottish Equitable and in 2009 this was shortened to Aegon, although the legal entity is still Scottish Equitable plc.
Aegon acquired Cofunds, a UK based investment and administration service in 2016.
In May 2016 Aegon announced that it would acquire BlackRock's UK defined contribution platform (including Master Trust) and administration business, with the transfer completing in 2018. The Master Trust was authorised by The Pensions Regulator in September 2019.
In March 2020, Mike Holliday-Williams became the new CEO following the retirement of Adrian Grace after 10 years with Aegon.