AEGON to launch '5 for Life' mark two

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AEGON is preparing to launch an extended version of its flexible retirement product ‘5 for Life'.

The firm says the revamp will include launching new funds to provide more investment options for consumers. AEGON adds the new version of the product, set to be launched within the next four to five weeks, will still offer the same benefits as the initial ‘5 for Life’ offering. Spokesman Kevin Brown reveals: “A 5 for Life revamp, a version two if you like, is in the wings. There could be something in the next four to five weeks. “We have been speaking to advisers and asking them what else they would like with the ‘5 for Life’ product. “One thing they said was more investment options...

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