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Tilney invests £15m in new platform

Tilney has invested more than £15m in its new platform as it eyes further acquisitions. The wealth management group released its 2017 results today, reporting a 68 per cent increase in revenue to £226.5m. Tilney chief executive Chris Woodhouse calls the platform, which is expected to be completed soon, a “strategically important project”. The results […]

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Aegon completes acquisition of BlackRock’s DC book

Aegon has completed the final stage of a deal to acquire all of BlackRock’s defined contribution platform and administration business in the UK. In May 2016 Aegon revealed it would purchase BlackRock’s DC business to create a workplace savings platform. Last week a court approved the deal so £15bn worth of assets and 450,000 customers […]

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