Media Release: AEGON launches online support tools for Secure Lifetime Income product

AEGON has launched a series of easy-to-use online support tools helping advisers understand the benefits of the guarantees offered with the AEGON Secure Lifetime Income product.

Says a spokesperson: “Included is an ‘income security’ tool which shows how a client’s guaranteed income can increase as markets rise and is protected if they fall. Various scenarios can be run over historic investment periods and can be based on a range of client details.

“The ‘income tax’ tool highlights how tax efficient the guaranteed income can be. Income from the customer’s original investment, before any increases, is tax free for the rest of their life and future tax liabilities can be offset by carrying forward allowances from previous years.

“The last tool shows the benefit of the product’s money back on death guarantee. Any money left will be transferred to the individuals this was intended for.”

David Aaron, marketing communications manager, Investment Products, said: “These tools will be valuable in bringing to life the benefits associated with AEGON’s Secure Lifetime Income product. With markets continuing to show signs of sustained market volatility these tools will really drive home the message of the benefits of unit-linked guaranteed products, providing an income for life, which won’t go down but could increase over time if the fund value increases.”

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Further information

Kevin Brown

Media Relations Manager


0131 5492859/ 07740 897282

Notes to Editors

In the UK AEGON offers pensions, life insurance, asset management and financial advice to around two million customers. AEGON UK has assets under administration of £53.6 billion and employs approximately 4,900 staff.

AEGON is one of the world’s leading insurance groups with approximately 28,000 employees world wide and 40 million customers in the Americas, Europe and Asia. AEGON’s revenue generating investments totalled EUR 388 billion at 31 March 2010.

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