View more on these topics

Aegon launches guaranteed onshore bond

Aegon Scottish Equitable has launched a guaranteed onshore bond product to protect consumers against stockmarket volatility.

Investment Control offers a protected investment option which guarantees investors’ money back after 5 years, minus withdrawals, and also offers a money back guarantee on death.

In addition, from the tenth anniversary and every five years after that, if the fund value is greater than the amount invested, less withdrawals, this will be set as the new higher guaranteed cash-in amount.

The product has a flexible charging structure which means advisers and clients can choose from one of the standard charging options or put together a tailored structure.

Investment Control offers a choice of more than 90 funds to meet a variety of investors’ needs and different attitudes to risk.

The protected investment option offers a choice of two portfolios to invest in which are the core portfolios which offer a choice of four funds for investors looking for passive equity management and four multi-manager portfolios for clients looking for active management. There is also a cash fund.

The product is an addition to Aegon’s guaranteed income range which includes 5 for Life.

Marketing communications manager David Aaron says: “With stockmarket volatility currently at the forefront of investors’ minds, we have identified a growing demand for products offering guarantees. With Investment Control’s protected investment option we guarantee that investors will get back at least what they put in, no matter what happens to the market. We are bringing real innovation and the potential for investor peace of mind to the investment bond market.”

Recommended

Andy Briscoe

Life Trust chief executive Andy Briscoe believes his new company has a genuine social role to fulfil in helping to change the post-retirement marketplace.

What exactly is product innovation?

By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com