Rachel Vahey, Head of Pensions Development, comments on the announcement in today’s Budget

Rachel Vahey, Head of Pensions Development, comments on the announcement in today’s Budget
“The Government has announced it will restrict pension tax relief for people earning more than £150,000 a year from April 2011.
“This undermines the A-day agreement which was designed to promote long-term pension saving, using the standard Lifetime Allowance to prevent abuse of the […]

AEGON Scottish Equitable pays 93% of income protection claims in 2008

AEGON Scottish Equitable pays 93% of income protection claims in 2008
93% of income protection claims were paid in 2008
Increase in claims for stress/depression related illnesses
AEGON Scottish Equitable is today publishing its income protection claims stats, following last weeks announcement that it paid out on 91% of critical illness claims in 2008.
AEGON Scottish Equitable paid […]

Thoresen calls on FSA and Government to remember the ‘could haves’ in retail financial market reforms

Thoresen calls on FSA and Government to remember the ‘could haves’ in retail financial market reforms
AEGON UK chief executive, Otto Thoresen, has today called on the Government and FSA to extend the focus of financial services reforms beyond the existing market to cater for people who ‘could have’ access to financial advice in addition to […]

AEGON Scottish Equitable pays 91% of Critical Illness claims in 2008

AEGON Scottish Equitable pays 91% of Critical Illness claims in 2008
91% of Critical Illness claims were paid in 2008
Decline rate has halved since 2007
AEGON Scottish Equitable has today published claims data which shows that it paid out on 91 per cent of critical illness claims in 2008.
Only 9 per cent of critical illness claims were […]

AEGON increases free cover benefit for its group life schemes

AEGON increases free cover benefit for its group life schemes
AEGON Scottish Equitable has increased its maximum free cover benefit to £1.25 million from £1 million for all new schemes and for existing group life schemes* at renewal or next rate review.
The free cover benefit terms also apply to group income protection for existing schemes […]

Nominations Supervisory Board and Executive Board AEGON N.V.

Nominations Supervisory Board and Executive Board AEGON N.V.
Shareholders of AEGON N.V. will be asked at the upcoming Annual General Meeting of Shareholders (AGM) on April 22, 2009 to appoint Mr. Arthur Docters van Leeuwen as member of the Supervisory Board for a four-year term. As announced on January 13, 2009, they will also be asked […]

AEGON maintains strong capital position despite fourth quarter 2008 loss

AEGON maintains strong capital position despite fourth quarter 2008 loss
“The severe disruption in world financial markets had a significant impact on AEGON’s earnings in the fourth quarter…”
Fourth quarter results in line with pre-announcement of February 17, 2009
AEGON maintains strong capital position:
Excess capital over AA capital adequacy requirements of EUR 2.9 billion;
IIGD a) capital surplus of […]

AEGON confirms coupon payments on Perpetual Capital Securities

AEGON confirms coupon payments on Perpetual Capital Securities
AEGON confirms that the coupons on the following USD denominated Perpetual Capital Securities have been declared and will be payable as of March 16, 2009:
6.50% (AED, NL0000062420/007924400)
Floating rate (AEB, NL0000062438/007924509)
6.875% (AEV, NL0000686368/025956435)
7.25% (AEF, NL0006056814/032249221)
6.375% (AEH, NL0000021541/007924301)
AEGON has paid all coupons on all of its Perpetual Capital Securities in […]

AEGON publishes preliminary unaudited fourth quarter 2008 results;

AEGON publishes preliminary unaudited fourth quarter 2008 results;
AEGON maintains strong capital position despite fourth quarter 2008 loss
Capital position remains strong; excess capital over AA-requirements EUR 2.9 billion at year-end
Shareholders’ equity of approximately EUR 6.1 billion at year-end
Core capital 1) of approximately EUR 9.1 billion at year-end
Core capital, excluding revaluation reserve, of approximately EUR […]

Rob Routs to succeed Dudley Eustace as chairman of AEGON’s Supervisory Board in 2010

Rob Routs to succeed Dudley Eustace as chairman of AEGON’s Supervisory Board in 2010
Rob Routs will take over as Chairman of AEGON’s Supervisory Board at the Annual General Meeting of Shareholders in April 2010.
Mr. Routs, 62, a former Executive Director with Royal Dutch Shell PLC., will succeed Dudley Eustace, who will retire in 2010 as […]