5 for life axe 'inevitable'

Pow, Helen
June 2009
Money Marketing;6/4/2009, p3
The article reports on the support of the financial advisers on the decision of Aegon UK Plc to abolish its 5 for life product in favor of an age-related income guarantee in Great Britain. Age-related guaranteed income levels will be provided by the replacement secure lifetime income plan. According to Aegon Scotttish Equitable International managing director David Healy, the new secure lifetime income plan aims to meet customer needs in the current market.


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