Aegon Part VII Transfer
Welcome to the Part VII Transfer section of our website.
In April 2016, Rothesay Life Plc acquired part of Aegon’s annuity portfolio.
Further to the sale (which was approved by the Prudential Regulation Authority, one of the statutory regulators of financial services in the UK) both Rothesay Life and Aegon have agreed to begin the process of transferring this part of the Aegon annuity business to Rothesay Life
The transfer will be achieved through a Scheme of Transfer which will be submitted to the High Court for its approval under Part VII of the Financial Services and Markets Act 2000.
Further details of the transfer will be added to our website following the initial court hearing, which is scheduled for 27 February 2017.
How does this affect Rothesay Life Policyholders?
If you have a Rothesay Life policy, you do not have to take any action. The acquisition will not change the way that your Rothesay Life policy and pension is operated. The same dedicated Pensions team continues to look after the administration and payment of your pension.
If you are Rothesay Life Policyholder and have any further queries regarding the transfer, please click the link below for further contact details.
If you are a Zurich Policyholder, and you have any queries regarding the Aegon Part VII Transfer, please email email@example.com
If you are a Zurich Policyholder and you wish to know more about the Zurich Part VII transfer please click on the link below