Aegon would establish a new registered life company in England should Scots vote for independence on 18 September.
This would be in addition to its existing Scottish and English registered companies, chief executive Adrian Grace (pictured) said. "This means irrespective of any currency, regulatory or tax change we can continue to serve all our customers," Grace said. Policies for Aegon's non-Scottish customers will continue to be in Sterling. "We will support any different currency for Scottish based customers," Grace said. The Scottish Government previously suggested ‘independence day' might be in March 2016, allowing an 18 month period for the negotiations to take place and for details to b...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes