UK first with Aegon 5 for life investment

Money News

www.moneynews.co.uk > General finance > UK first with Aegon 5 for life investment

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

UK first with Aegon 5 for life investment

Aegon is launching a new type of investment product aimed at the pre-retirement and at retirement markets.

The Aegon 5 for life investment product, which is available from September 18th, offers investors a guaranteed income of five per cent of invested capital from age 60.

It also has the added benefit of allowing them to easily access their remaining capital at any time, should they require this.

Aegon says that because people are living longer and healthier lives, financial planning for retirement is becoming increasingly difficult and there is a fear that people may outlive their assets in retirement.

The new Aegon 5 for life investment product can manage this risk by bridging the gap between the guaranteed income of an annuity and the flexibility of an investment bond, Aegon says.

Peter Dornan, director of Aegon Individual Business, said: "5 for Life brings something new and exciting to the UK market. It is designed to provide the security of a lifetime income guarantee while retaining the investment flexibility and control that many people desire.

"We feel 5 for Life will be ideally suited for people reviewing their retirement options, or those approaching retirement or at retirement."

Related News : General finance

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet