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-2
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 2) 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 |
0.10% |
|
Core Portfolios |
0.10% |
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 remaining premium. 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.
|
Fund (UK fixed interest/UK equities split) |
Guarantee option fee |
|
|
Without guaranteed death benefit |
With guaranteed death benefit |
|
|
80/20 Core Portfolio |
0.25% |
0.30% |
|
70/30 Core Portfolio |
0.45% |
0.55% |
|
60/40 Core Portfolio |
0.75% |
0.90% |
|
UK Cash fund |
0.15% |
0.15% |
The administration charge is a specific percentage (based on the amount of money you invested - the premium).
|
Premium band (£) |
Administration charge (% of fund each year) |
|
<25,000.00 |
0.95% |
|
25,000 - 49,999.99 |
0.70% |
|
50,000 - 74,999.99 |
0.60% |
|
75,000 - 149,999.99 |
0.55% |
|
150,000+ |
0.50% |
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.
If you agree to pay a fee to your financial adviser for their advice and/or services, we can facilitate those payments to your adviser from your plan. You and your adviser agree how much this charge will be.