Scottish Widows chairman to replace retiring Sir Winfried Bischoff from April 2014.
Providers says reduction in sales was expected as sales of with-profits bonds fell following RDR implementation.
Both businesses manage life assurance policies in closed books.
Price rises will bring funds in line with market, Aegon claims.
Results reveal Aegon is spending money to create a digital capability for non-advised clients to use its platform, following hints in 2012.
Insurance giant hints that it may next pull out of insurance business in Turkey as it seeks to reduce 96 per cent cost-to-income ratio.
Analysis & Opinion
Nov 06, 2013
Legal & General has launched a pilot scheme to give two hours of free legal support to terminal and critical illness claimants.
Nov 06, 2013
Life companies should consider a “sliding scale of discounts” for different types of smokers incuding e-cigarette users, Neil McCarthy has argued.
Oct 31, 2013
A positive end is finally near for the long-debated European Union Solvency II directive, Otto Thoresen has claimed.
Oct 29, 2013
Trade body joins calls for the care bill to explicitly require local authorities to refer those who need long-term care to a regulated adviser.
Oct 25, 2013
Merger talks between Phoenix Group and Swiss Re’s UK Admin Re Business Unit ongoing, group confirms.
From Your Industry| Oct 24, 2013
Royal London confirms it plans to move to a “single master brand” for its UK life, pensions and investment businesses.
Oct 09, 2013
More than £2.2m in critical illness payments have been made to Aviva’s customers who did not realise they could claim under their policies, Robert...
Oct 03, 2013
Aviva sells US life and annuities business for £1.7bn ($2.6bn) in bid to “simplify” business.
Sep 25, 2013
More likely that someone needing long-term care would approach local authority, according to reinsurer Swiss Re.