LCCG announces intention to acquire Aegon Ireland’s International investment bond business

Life Company Consolidation Group (LCCG), has today announced its intention to acquire Aegon Ireland’s International investment bond business from Athora Holding Ltd (Athora).

Athora recently completed the acquisition of Aegon Ireland plc from Aegon N.V. The portfolio comprises a range of single premium, open architecture, non-guaranteed unit-linked investment bonds distributed primarily through private banks and specialist IFAs to UK residents.

In aggregate there are in excess of €3bn of client assets across 7,000 policies.

Please see the full press release here.