View more on these topics

Aegon launches One Retirement Sipp product

Aegon has today launched a new online individual Sipp product called One Retirement, using technology from its Aegon Retirement Choices platform.

Advisers can co-brand the stand-alone proposition and create their own model portfolios, choosing the level of access clients have to self-select.

Products available through the wrapper include insured funds, unit trusts, Oeics, stocks and shares, investment trusts, collectives, equities, unit-linked guarantees and ETFs.

One Retirement offers drawdown options across fully capped, partial, phased or flexible drawdown.

It has tiered charges ranging from 0.35 per cent up to £99,999.99 to nil on any sums over £1m.

Aegon UK proposition director Gordon Greig says: “We have carefully listened to advisers and customers. We know they are looking for modern, flexible, transparently priced and competitive solutions. It is as simple or as sophisticated as they need it to be to fit with their own business models and their clients’ retirement objectives.”

Charging band

Fund value

Annual charge percentage

1

First £99,999

0.35%

2

Next £150,000 (£100,000 to £249,999)

0.3%

3

Next £250,000 (£250,000 to £499,999)

0.2%

4

Next £500,000 (£500,000 to £999,999)

0.1%

5

£1 million and over

nil

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