Aegon has confirmed the launch of its Income for Life product to sit alongside 5 for Life in the reti...
Aegon has confirmed the launch of its Income for Life product to sit alongside 5 for Life in the retirement solution range. The latest product has been designed to bridge the gap between annuities and income drawdown products by offering guaranteed income for life for those who want investment control and inheritance tax benefits from their savings. Income is guaranteed to not fall and increase each year even if the underlying investments have not performed well. Aegon said if the income increases ass a result of positive market performance, the higher income amount is locked in to pro...
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