View more on these topics

Aegon in talks over Origen sale

Aegon is in talks with LEBC Group over the possible sale of IFA firm Origen.

Money Marketing understands that London-based Fenchurch Advisory Partners has been appointed to broker a possible deal.

LEBC Group is a national firm of IFAs and an appointed rep of Sesame. LEBC’s retirement arm, The Retirement Partnership, is run by former Origen head of retirement services Nick Flynn.

Aegon distribution board chairman Patrick Gale and LEBC chief executive Jack McVitie are understood to have met recently to discuss the acquisition.

An Aegon spokeswoman says the Aegon is considering a “broad range of options”. She says: “We are constantly reviewing the options for all of our businesses, and Origen is obviously part of that.”

LEBC Group was unavailable for comment.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. Whoever looks to buy this company – I hope they don’t pay too much for it. It appears to leak money faster than the Titanic. Poor management and complete lack of staff involvement. Maybe it needs a new, safer pair of hands to take control.

Leave a comment

Close

Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm

Email: customerservices@moneymarketing.com