Aegon has announced its post-Retail Distribution Review (RDR) charging structure and the closure of several of its products alongside an overhaul of its pensions range.
The firm said it would launch its RDR-ready Flexible Pension Plan and group personal pension product on 12 November. It will also replace its income drawdown plan with a new proposition based on its ARC platform by the end of the year. Aegon Ireland's RDR ready offshore bonds and guaranteed product range will be available mid-December. The life and pensions firm's core new business proposition is focussed on the at-retirement and workplace savings markets. It said it was committed to providing off and on platform propositions to advisers that were RDR-ready. Aegon said it would con...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
