Aegon caps drawdown and platform charges in response to Budget

clock

Aegon has announced charge cuts to its One Retirement and Aegon Retirement Choices (ARC) solutions, following last month's Budget.

The provider has simplified its One Retirement drawdown solution cost structure, with a single annual product charge of 0.30% for all assets under £250,000. No charges will be levied on assets a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

How we won the PP Investment Awards 2024... Legal & General

How we won the PP Investment Awards 2024... Legal & General

Legal & General was named as Target Date Fund Manager of the Year

Professional Pensions
clock 08 January 2025 • 3 min read
XPS launches DC pension pot benchmark tracker

XPS launches DC pension pot benchmark tracker

DC:UK Savings Watch maps value of typical pot against PLSA’s retirement living standards

Holly Roach
clock 18 December 2024 • 2 min read
L&G to set its Lifetime Advantage Funds as DC default strategy from 2025

L&G to set its Lifetime Advantage Funds as DC default strategy from 2025

Funds will offer members access to a range of growth assets including private markets

Martin Richmond
clock 17 December 2024 • 2 min read
Trustpilot