For intermediaries only

Welcome to June's Latest News

We're excited to share with you details of our reduced annual charge on new One Retirement accounts opened - there's a significant saving to be made.

This month we also include details of our yearly review of growth rates on our non-insured funds available through Aegon Retirement Choices (ARC) as well as news about our defined benefit (DB) hub.

From recent research we carried out we found that the way people invest is changing - we've summarised this in a handy report. We think it makes for interesting reading - you can see what you think.  

And we close with information on how we continue to support paraplanners. We've already supported events this year but the National Powwow is in September and there's still time for you to register.

Reduced annual charge on One Retirement

For all One Retirement accounts opened by 30 November 2019, the annual charge will be 0.15% - that's a 50% saving on our standard annual charge of 0.3%.

And remember, the annual charge only applies to account values under £250,0000 - there's no charge for anything over this amount.

So if you take advantage of this offer the maximum annual charge your clients will pay is £375 - but it could be less.

This offer is only for new accounts opened and doesn't apply to any existing One Retirement accounts.

Find out more information on our offer

Changes to our growth rates

We’ve recently carried out our yearly review of the growth rates on our non-insured funds available through ARC. These changes apply to our pensions, ISAs and general investment accounts.

You can find out more information in our recent update that includes:

• how we work out the rates;
• the difference between the rates, and
• what the new rates are.

Read on to find out more.

Our DB hub

Recent research we carried out with advisers revealed that the complexity of FCA regulations around DB to DC is a major factor for them to offer advice in this area.

Recognising we could help, we've pulled together all our support material in one handy place - our DB hub.

Our support material highlights the important areas to consider before deciding if a transfer may be suitable for your clients.

View our DB hub to find out more information.

Investing is changing

Multi-asset, models or DFMs? In house or external fund governance?

Do your clients understand the trade off between investment risk and returns? And how are retiring clients investing?

We surveyed over 250 financial advisers to better understand how they and their clients are using platform investments.

Our new report assesses the latest platform investment trends.

Continued paraplanner support

We continue to support the paraplanner community in 2019 with our sponsorship of the Paraplanners Powwow.

Earlier this year our Protection Development Manager hosted an online Howwow, we also hosted the North of the Border Powwow where paraplanners gathered to discuss platform due diligence, cash flow modelling - how and when to use it, and the future of retirement income.

Catch up on Howwows that have been delivered this year and also buy tickets for the National Powwow in September.

Fund changes and news

Find out about changes to our insured funds, including governance news, fund closures and fund changes.

Platform tip of the month

Crystallising on Aegon Retirement Choices – you can only partially crystallise a wrapper up to a maximum of 95%

Pensions Technical Zone

Visit our home for all our technical material relating to pensions. You’ll find articles covering the latest pensions' issues and links to our comprehensive range of technical FAQs.

In the news