Aegon launches platform-based drawdown with guarantees

Aegon said Secure Retirement Income allowed people to keep their money invested but with a guaranteed level of minimum income. Research by Aegon, which tested appetite for the product among over 55s, found that income certainty is the most important retirement income feature (61%) for people, followed by the ability to access capital when required (32%). The research, which surveyed about 2,000 people, also found that the majority (56%) have either experienced or expect to experience a lump sum expense into retirement, making flexibility a requirement. Aegon said the guaranteed min...