Fund update Charge updates for the Scottish Equitable Invesco Income fund

On 16 June 2023, the charges for the Scottish Equitable Invesco Income fund changed across our insured Pension, Life and Aegon Retirement Choices (ARC) fund ranges.

Nothing else about the fund has changed because of this.

The changes in more detail

We regularly review our funds as part of our commitment to give a clear indication of costs to our customers. As a result, we’re reducing the charges for the Scottish Equitable Invesco Income fund. More details are in the tables below:

Pension fund:

Source: Aegon UK

Life fund:

Source: Aegon UK

* This includes a standard 1% product charge, a fixed management fee and expenses that vary with the day-to-day costs of running the fund.

ARC fund:

Source: Aegon UK

**This is on top of any product or adviser charge and includes a fixed management fee plus expenses that vary with the day-to-day costs of running the fund.

There’s no guarantee the fund will meet its objectives. The value of an investment can fall as well as rise and is not guaranteed. Investors could get back less than they invest.

We’ll update our literature as soon as we can, but investors may notice the old and new information in use for a time.

You can find more information about this fund, on the ‘Fund prices and performance’ page on our website and selecting either ‘Other fund ranges’, or  ‘Aegon Retirement Choices (ARC)’ .

What current investors need to do

Existing investors don’t need to do anything. Please speak to a financial adviser if you’re not sure what these changes mean for you. If you don’t have a financial adviser, you can visit moneyhelper.org.uk/choosing-a-financial-adviser to find the right one for you