AEGON Ireland improves offshore bond pricing

AEGON Ireland has improved pricing on its Wealth Management Portfolio offshore bond, available on the AEGON Retirement Choices platform.

Under the revised terms, the fund-based product charge has being removed completely and the fixed quarterly charge adjusted to £82.40 per quarter.

AEGON Ireland chief executive officer, Simon Skinner, comments: “We are seeing offshore bonds become more of a mainstream choice for high net worth investors and this improvement in terms signals AEGON’s continuing commitment to delivering value to our customers.”

As well as offering the usual tax planning benefits of offshore bonds, AEGON’s Wealth Management Portfolio includes a European Portability Option that allows customers who want to move to France, Italy or Spain to benefit from income tax deferral and obtain support for their local tax returns.

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Category: Companies News, Insurance News