Ask the Experts: How do 'ULG's' really compare to general annuities and Income Drawdown?


Question: Unit Linked Guarantees are simply third way Annuities. How do ‘ULG's' really compare to general annuities and Income Drawdown?

Answer: Colin Bell - Aegon Yes, unit-linked guarantees are known by a number of alternative names which can be confusing. I think unit-linked guarantees is the most self-explanatory name - guarantees on familiar unit-linked products that advisers have been using for many years. The underlying unit-linked products may be offshore or onshore investment bonds (for non-pension money) or phased / drawdown / trustee investment in the pension space. ULGs provide a very useful halfway house between fixed annuities and income drawdown for the rapidly increasing numbers of risk-averse indivi...

To continue reading this article...

Join Professional Adviser

  • 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.



Already a Professional Adviser member?


More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •