Aegon is weighing the sale of its annuity business

Aegon is weighing the sale of its annuity business as part of a review into its UK operations.

Earlier this week, reports emerged that Aegon is preparing to sell off parts of its UK operations, following the introduction of the pension reforms.

Sky News reported that Aegon had hired investment bank Citi to oversee a possible sale of its UK assets that could generate ‘substantial proceeds’ for the Dutch company…Read more at City Wire