AEGON Ireland change of custionship charges

Wealth Management Portfolio, Wealth Planning Account and Private Client Portfolio

The following is important information on the charges associated where the custodianship of your plan is with AEGON Ireland’s custodian and you request a transfer of some, or all, of the holdings. This charge is referred to in your Policy Conditions as a 'Change in custodian charge'.

Wealth Management Portfolio and Wealth Planning Account

The charges associated where 100% of the bond value is transferred are:

• A one off charge of £750
• An increase of 0.1% a year in the portfolio charge
• If stock transfers (in specie) are required, there is an additional charge per line of stock. In this instance, you should contact us directly as the charge will depend on the number of stock transfers that you’re making

The charges associated where 95% of the bond value is transferred are:

• A one of charge of £750
• If stock transfers (in specie) are required, there is an additional charge per line of stock. In this instance, you should contact us directly as the charge will depend on the number of stock transfers that you’re making

It’s important to note there’s a requirement that the 5% balance remains in your plan cash account.

Private Client Portfolio

The charges associated where 100% of the bond value is transferred are:

• A one off charge of £1,500
• If stock transfers (in specie) are required, there is an additional charge per line of stock. In this instance, you should contact us directly as the charge will depend on the number of stock transfers that you’re making

Important notes:

1. Where 1% of the total value of the transfer is less than the fixed charge amount then a charge of 1% of the total value of the transfer will apply.
2. For the purposes of converting the charges quoted into the bond denomination currency, the prevailing conversion rate as at the effective date of transfer will apply.
3. It’s not possible to cover all types of transfers in the above information, so please contact us for full details of the fees applicable to you transfer

For more information, please speak to your financial adviser.