Aegon platform assets rise £12bn to £140bn

Aegon has reported a sharp rise in platform assets in the first half to £140bn as it completed its integration with acquisition Cofunds.

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CPI inflation rises to 2.1%

CPI inflation has risen to 2.1% contradicting earlier predictions that it would fall to 1.9% and is above the Bank of England’s 2% target.

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Fears over pension rule that could hit retirement plans

Aegon has issued a warning over what it called the ‘little known’ money purchase annual allowance (MPAA), which stops people who have accessed their pension flexibly from contributing more than £4,000 into their money purchase or defined contribution pension without a tax penalty.

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Aegon maps out 5 financial priorities for Boris Johnson

Aegon has called on Boris Johnson and his new Cabinet to “look beyond Brexit” to advance social care policy and address pensions priorities.

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