LumaFeed
Back to feed

Standard Life acquires Aegon's UK business for £2 billion

9acquisitionstrategic

Amount

$2.7B

Industry

fintech / wealth_management

First Seen

April 15, 2026 at 03:24 PM

Companies

Aegon UK, Standard Life, Aegon

Investors

Standard Life

Source Count

4 sources

Company Description

Aegon UK is a provider of retail pensions, savings, and investment platforms in the United Kingdom.

Summary

Standard Life has acquired Aegon's UK retail pensions and savings business for £2 billion (approximately $2.71 billion) in a deal consisting of cash and shares. The transaction creates the UK's second-largest retail pensions platform by assets and marks Aegon's exit from the UK market after nearly 200 years of operation.

Sources

Sign in to view 4 source links

Sign in

Track funding events in real-time

Sign up free