Aegon UK earnings drop on customer redress charge

Scott Sinclair
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Earnings at Aegon UK declined in the second quarter as the insurer continues to pay millions in customer redress following administrative problems at Scottish Equitable.

Underlying earnings before tax declined to €10m (£8.7m) in Q2 compared with €12m (£10.5m) in the previous quarter and €22m (£19m) in the corresponding three months last year. Aegon said the decr...

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