Charges

AEGON Secure Capital

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Here you can find out about the charges that apply to AEGON Secure Capital.

How much we charge depends on the guarantee(s) you’ve selected.

Guarantee option fee

The guarantee option fee depends on the guarantees you select, and also on the fund choice and the capital guarantee term chosen.

We’ll calculate the percentage fee each day. If the bond is invested in a mixture of the Core/Multi-manager portfolios and/or Cash fund, we’ll calculate the percentage fee proportionately. Each quarter, we’ll average the daily percentage fees and apply them to the bond.

Guaranteed capital option only

Capital guarantee term selected (Years)	UK Cash fund	Core portfolios (UK fixed interest / UK equities split)	Multi-manager portfolios (UK fixed interest / UK equities split)
		80/20	70/30	60/40	50/50	80/20	70/30	60/40	50/50
8	0.25%	1.05%	1.75%	X	X	1.05%	1.80%	X	X
9	0.25%	0.90%	1.45%	X	X	0.90%	1.50%	X	X
10	0.20%	0.70%	1.10%	1.70%	X	0.70%	1.15%	1.80%	X
11	0.20%	0.60%	0.95%	1.45%	X	0.60%	1.00%	1.55%	X
12	0.15%	0.50%	0.80%	1.20%	1.75%	0.50%	0.85%	1.30%	1.90%
13	0.15%	0.45%	0.75%	1.10%	1.60%	0.45%	0.80%	1.20%	1.75%
14	0.15%	0.45%	0.65%	1.00%	1.40%	0.45%	0.70%	1.10%	1.55%
15	0.10%	0.40%	0.60%	0.90%	1.25%	0.40%	0.65%	1.00%	1.40%
16	0.10%	0.40%	0.55%	0.85%	1.20%	0.40%	0.60%	0.95%	1.35%
17	0.10%	0.35%	0.55%	0.80%	1.15%	0.35%	0.60%	0.90%	1.30%
18	0.10%	0.35%	0.50%	0.80%	1.10%	0.35%	0.55%	0.90%	1.25%
19	0.10%	0.30%	0.50%	0.75%	1.05%	0.30%	0.55%	0.85%	1.20%
20	0.05%	0.30%	0.45%	0.70%	1.00%	0.30%	0.50%	0.80%	1.15%

Guaranteed capital and guaranteed death benefit option

Capital guarantee term selected (Years)	Cash fund	Core portfolios (UK fixed interest / UK equities split)	Multi-manager portfolios (UK fixed interest / UK equities split)
		80/20	70/30	60/40	50/50	80/20	70/30	60/40	50/50
8	0.30%	1.15%	1.90%	X	X	1.15%	1.95%	X	X
9	0.30%	1.00%	1.60%	X	X	1.00%	1.65%	X	X
10	0.25%	0.80%	1.25%	1.90%	X	0.80%	1.30%	2.00%	X
11	0.25%	0.70%	1.10%	1.65%	X	0.70%	1.15%	1.75%	X
12	0.20%	0.60%	0.95%	1.40%	2.05%	0.60%	1.00%	1.50%	2.20%
13	0.20%	0.55%	0.90%	1.30%	1.90%	0.55%	0.95%	1.40%	2.05%
14	0.20%	0.55%	0.80%	1.20%	1.70%	0.55%	0.85%	1.30%	1.85%
15	0.15%	0.50%	0.75%	1.10%	1.55%	0.50%	0.80%	1.20%	1.70%
16	0.15%	0.50%	0.70%	1.05%	1.50%	0.50%	0.75%	1.15%	1.65%
17	0.15%	0.45%	0.70%	1.00%	1.45%	0.45%	0.75%	1.10%	1.60%
18	0.15%	0.45%	0.65%	1.00%	1.40%	0.45%	0.70%	1.10%	1.55%
19	0.15%	0.40%	0.65%	0.95%	1.35%	0.40%	0.70%	1.05%	1.50%
20	0.10%	0.40%	0.60%	0.90%	1.30%	0.40%	0.65%	1.00%	1.45%

Other charges

This section sets out the other charges that may apply to the bond.

Cash-in charges

If you choose to pay for initial commission by establishment charge, we’ll also apply a cash-in charge equal to the outstanding establishment charge. This will only apply in the first five years of the bond. The cash-in charge will apply to the policies that are cashed in.

If you select the guaranteed capital option, we don’t charge cash-in charges if withdrawals are taken over all policies. If you cash in individual policies, we may apply a cash-in charge if you decide to pay for any commission by establishment charge.

If you decide to pay for initial commission by initial charge or your adviser charges a fee for their service so there’s no charge from the bond, then there will be no cash-in charges.

Switching charge

Recognising that you may want to change your fund choice throughout the bond year, we give you 12 free switches a year. One free switch covers the sale and purchase of funds.

We’ll charge £25 for each additional switch over the limit of 12 free each bond year.

We reserve the right to change this amount.

Valuation charge

Each year we’ll issue a yearly statement. You can have a further three valuation statements each year on top of that and we won’t charge you for this.

We’ll charge £40 for each valuation statement request over the limit of four free each bond year.

Next steps

Contact your financial adviser for a copy of our support literature and to arrange for a personal illustration.

If you don’t have a financial adviser, our find an adviser service can help you find one in your area.