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News · 15 April 2026

Standard Life buys Aegon UK for £2bn

Standard Life buys Aegon UK for £2bn

The acquisition will create the biggest UK business for pensions and savings, managing £480bn in holdings for about 16 million people. Standard Life, previously named Phoenix Group, sealed the deal for Aegon UK, a major investment platform in the country. The company anticipates a £160m annual profit rise and projects around £400m in extra cash across five years.

Reported by City AM · How we write briefs

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