Welcome to Athora
Athora is the new name for Aegon Ireland. You are now being redirected to www.athora.com/ie
https://www.athora.com/ie/charges-asi-1
Athora is the new name for Aegon Ireland. You are now being redirected to www.athora.com/ie
You can find out about the charges that apply to Secure Income (Policy Conditions 1) here. How much we charge depends on the guarantee(s) you’ve selected, your choice of funds and when the bond was taken out. Your 'Policy schedule' will clearly show what guarantee options you chose. Please note that our policy conditions allow us to change our charges in certain conditions.
The annual management charge is specific to the fund(s) you’re invested in.
|
Funds |
Annual management charge |
|
UK Cash fund |
0.50% |
|
Core Portfolios |
0.50% |
If the bond is invested in a mix of funds, we’ll calculate the percentage fee proportionately. Each quarter, we’ll average the daily percentage fees and apply them to the bond.
We’ll apply the fee as a percentage of the highest recorded fund value less guaranteed income paid to date. The guaranteed option fee will be deducted assuming there’s a fund value.
At the end of the guaranteed income period, we’ll stop deducting the guarantee option fee.
The table below sets out our guaranteed option fee if your bond was taken out on or before 22 March 2012.
|
Fund (UK fixed interest/UK equities split) |
Guarantee option fee |
|
|
Without guaranteed death benefit |
With guaranteed death benefit |
|
|
80/20 Core Portfolio |
0.20% |
0.30% |
|
70/30 Core Portfolio |
0.25% |
0.45% |
|
60/40 Core Portfolio |
0.45% |
0.75% |
|
50/50 Core Portfolio |
0.70% |
1.20% |
|
UK Cash fund |
0.15% |
0.20% |
The table below sets out our guaranteed option fee if your bond was taken out from 23 March 2012 onwards. In some instances bonds set up from 23 March 2012 up to and including 13 April 2012 will have the fees from the table above applying. If your bond was started within these dates then you should call our Client Relations team on lo-call 0345 6000 173 if you're calling from the UK, or 00 353 1 673 8840 if you're calling from outside the UK to confirm which guarantee option fees apply to your bond. Your policy schedule will confirm when your bond was started.
|
Fund (UK fixed interest/UK equities split) |
Guarantee option fee |
|
|
Without guaranteed death benefit |
With guaranteed death benefit |
|
|
80/20 Core Portfolio |
0.60% |
0.90% |
|
70/30 Core Portfolio |
0.85% |
1.35% |
|
60/40 Core Portfolio |
1.30% |
2.00% |
|
UK Cash fund |
0.45% |
0.50% |
Your ‘Charges schedule’ will give you full details of this charge if it applies.
Your ‘Charges schedule’ will give you full details of this charge if it applies.
Your ‘Charges schedule’ will give you full details of this charge if it applies.
Your ‘Charges schedule’ will give you full details of this charge if it applies.
We give you 12 free switches a year. We charge £25 for each switch over and above this amount.
One free switch covers the sale and purchase of funds.
We'll send you a statement each year telling you the current value of your bond. You can have a further three free statements each bond year. We charge £40 for each statement request over and above your four free statements each bond year.
If the premium isn’t paid in UK Sterling and we need to convert the currency, we’ll deduct a currency conversion charge. This will be a percentage of the amount being converted. Your 'Charges schedule' will give you full details of this charge.