Aegon launches online service
Aegon has launched Your Retirement Planner, an online tool to help advisers guide clients through the options available to them following Aprils UK pension reforms.
Aegon has launched Your Retirement Planner, an online tool to help advisers guide clients through the options available to them following Aprils UK pension reforms.
Demand for low-volatility investment products is set to grow, Aegon said on Wedesday, as pension changes see an increase in retirees choosing drawdown and investors burned in the financial crisis remain cautious.
Published on 7 January, the report showed that 34% of 200 financial advisers polled in October 2014 predicted that risk-managed funds will usurp the traditional annuity as the market forerunner by 2025
Aegons new life sales in Asia almost doubled to 27m in Q3 2014, despite the company recording quarter by quarter drops in many of its other life divisions.
An offshore bond launched by Axa Wealth International in September last year has been criticised by competitors, drawing claims it risks leaving clients open to a 15% deemed gain charge and could damage the wider offshore bond industry.
Kames Capital, part of the Aegon Group of companies, has entered the Spanish market for the first time with the launch of two of its fixed income funds.
Since the RDR, portfolio planning has become much more bespoke, and Mark Hayhoe from Aegon Ireland says offering an alternative approach to tax-efficient investing can really cut a dash.
Aegon reported full-year results for 2012 that showed underlying earnings rose 29% to 447m.
Aegon is to exit its life, health and pension joint venture with Unnim Banc and sell its 50% stake to Unnim for 353m.
Aegon expects that the consolidation of Spanish savings banks will lead to “exiting one or more of its joint ventures in Spain.”
Aegon Ireland has revised the pricing structure on its Wealth Management Portfolio offshore bond, removing the fund based product charge and reducing the fixed quarterly charge.
Kames Capital will launch into the Asia market and has opened its first office in the region.