Aegon With Profits Funds
The Aegon New Generation With Profits cautious and growth funds which have served us so well are being closed by Aegon on 3rd October 2024.
Aegon will automatically close the funds and move it to the alternatives they offer– a Mixed life fund and 60/40 Cautious Managed Collection life fund. These funds will not have the smoothing mechanism that Aegon have been using so well on their with profits funds and will therefore be “wobbly” albeit with slightly different risk profile between the two.
Should you be happy to do without the smoothing mechanism you could do nothing, and these funds will roll over into the Aegon suggestions.
Should you wish to meet to discuss a switch to different funds within Aegon or use other product providers please don’t hesitate to contact us on 028 4461 7575.