Ask the Experts: Unit-linked guarantees - cost & complexity

Answer: Colin Bell, European variable annuity product director, Aegon The issue of complexity comes up a lot with unit-linked guarantees, but in my view it's more perception than reality. I would contend that the customer proposition is quite simple. For a regular guarantee charge, these products allow you to invest in a mix of equities and bonds with greater security than before while retaining flexibility - whether that be through a capital guarantee on defined dates or through limited term or lifetime withdrawals at a certain rate. They can insure you against financial dangers - ...