Prepare for blast-off: Life trends with Aegon Ireland
Barry Cudmore, managing director of guarantees specialist Aegon Ireland, is a driving force in the development of unit-linked solutions, and sees the recent UK pension changes as a game changer.
Barry Cudmore, managing director of guarantees specialist Aegon Ireland, is a driving force in the development of unit-linked solutions, and sees the recent UK pension changes as a game changer.
International pension provider, Concept Group, has hit back at a recent report from Aegon, which claimed that 80% of overseas pension transfer requests were fraudulent.
Aegon has warned that 80% of the requests it has received for transfers into qualifying recognised overseas pension schemes (QROPS) are designed to swindle savers out of their pension pots.
Last week, it was revealed that HM Revenue & Customs took in a record £379m worth of inheritance tax (IHT) in April, but with the Tories today confirming a more lenient approach to the tax in Wednesday’s Summer Budget, what is the future price of passing down wealth?
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.