Apr 23 2008
Financial services group Aegon has launched a new set of bonds designed to offer investors a greater degree of certainty about how their assets will fair, it has emerged.
The group is convinced that the falling price of leading shares on stock exchanges around the world has knocked confidence in equity among people saving for retirement in the UK.
With this in mind, Aegon has introduced new bonds that operate onshore and guarantee to return at least the amount invested initially at five-year intervals.
The group has explained that these bonds are designed to provide investors with peace of mind and exposure to equity markets that allows them to remain "passive" and "protected".
"With stock market volatility currently at the forefront of investors' minds, we have identified a growing demand for products offering guarantees," explained David Aaron marketing communications manager at Aegon Scottish Equitable.
Last week, the LV= financial services company claimed that advisors in the UK are taking an increasingly strong interest in self-invested personal pensions.
