Question: Certainly not convinced that Unit Linked Guarantees are right for all my clients - please can you give an outline to the terms and conditions provided by Aegon?
Colin Bell - Aegon
The terms and conditions for the unit linked guarantees broadly cover 2 areas income and capital accumulation.
For income, Aegon guarantees to pay the investor an age related rate of income that could increase for the duration of the investment while for capital accumulation Aegon guarantees the initial investment from the 5th year of the investment onwards.
These guarantees have appealed to clients who are in or approaching retirement and want equity exposure without being fully exposed to the volatility.
Partner Insight: Continuing the Architas education series for clients.
What made financial headlines over the weekend?
290,000 already affected
Putting the tech into protection
Square Mile’s series of informal interviews