Charges

AEGON Secure Trustee Investment
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Here you can find out about the charges that apply to the AEGON Secure Trustee Investment plan.

How much we charge depends on the guarantee(s) you’ve selected. Your policy schedule will clearly show what guarantee options you chose. Please remember that any of the charges detailed can be changed at our discretion.

Guarantee option fee

If the plan is invested in a mixture of the Core/Multi-manager portfolios and/or Cash fund, we'll calculate the percentage fee proportiontately. Each quarter, we'll average the daily percentage fees and apply them to the plan.

Capital guarantee option only

 

Capital guarantee and guaranteed death benefit option

 

Income guarantee option only

 

Lifetime income guarantee option only

 

Lifetime income guarantee and guaranteed death benefit option

 

Cash-in charges

Whether we apply a cash-in charge or not depends on the charging structure you and your financial adviser selected when you took the plan out.

Your charges schedule clearly shows if a cash-in charge applies.

Switching charge

We give you 12 free switches a year. One free switch covers the sale and purchase of funds.

We’ll charge £25 for each switch over and above the limit.

We reserve the right to change this amount.

Valuation charge

Each year we’ll send you a yearly statement. You can have a further three statements each plan year on top of that and we don’t charge you for these.

We’ll charge £40 for each valuation statement request over and above the four free statements each plan year.