Aegon wants top five annuity position by 2007

Until June last year, Aegon only concentrated on offering annuities to their own pension customers, but towards the end of 2005 they made a low-key entrance to the market with the introduction of an Open Market Option. Launched under the Scottish Equitable brand, because of it's pensions connections, Aegon says it has received a very encouraging response from IFAs who seem pleased there is another player in the annuities market. And Aegon says it is because of the enthusiasm the launch generated amongst IFAs, that the company has decided to put more emphasis on developing its individual...