Aegon offloads 200yearold UK business to Standard Life for £2bn
Apr 15, 2026
Deal will create pensions and savings group with 16 million customers and £480bn of assets, while Aegon focuses on USBusiness live – latest updatesThe Dutch financial services group Aegon has struck a £2bn deal to sell off its almost 200-year-old UK arm to Standard Life, as part of a US push in
which the group will be rebranded as Transamerica.Standard Life, previously known as Phoenix Group, said the deal to buy Aegon UK would create a pensions and savings group with 16 million customers and £480bn of assets under administration. Continue reading... ...read more read less