What you can expect from us

  • A single view of all your investments held with Aegon, and online access to everything you need relating to them.
  • Track your investments, as well as being able to add products, top up, switch and sell funds online.
  • Access to a new General Investment Account (GIA), where any unit trusts/OEICS you’re invested in will be held. This also has a cash facility that replaces your IPS Cash account.

Help with your IPS account

If you’d like more information about IPS or have any queries about your account, contact us on 0345 272 0089. (Lines open Monday-Friday 9am-5pm) Calls may be recorded for your protection and to improve our services.

Ways to save with IPS

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Aegon GIA

A GIA is a medium to long-term (at least five years, ideally longer) investment that could be a good option if you’ve used up your ISA allowance and don’t want to lock your money away in a pension. You have access to a range of investment opportunities and can invest a regular monthly amount, a lump sum – or both.

  • The Aegon GIA gives you access to unit trust and Open Ended Investment Company (OEIC) funds. These are forms of collective investments.
  • Collective investments allow you to put money together with other investors’ money in large-scale funds.
  • You pay income tax and capital gains tax on any income or growth you take from the Aegon GIA, but there’s no limit to the amount of money you can invest.
man and dog in car

Aegon ISA

The Aegon ISA is a stocks and shares ISA and is a tax-efficient way to save for the medium to long term of at least five years, ideally longer. You have access to a range of investment opportunities and can invest a regular monthly amount, a lump sum – or both.

  • Allows you to put your money in unit trusts and OEICs, which in turn invest in different types of assets like shares, commercial property and fixed interest securities.
  • ISAs are tax efficient. You have no personal liability to income tax or capital gains tax on any money you take from an ISA.
  • There are limits to the amount of money you can pay into an ISA every year. The limit for ISAs for the 2018/19 tax year is £20,000.

The value of an investment and any income you take from it can fall as well as rise and you may get back less than you invest.

Each unit trust and OEIC fund has its own risks detailed in the individual Key Investor Information Documents (KIID). Before you invest, you must read these documents.

The tax efficiency of ISAs is based on current tax law. The tax efficiency may not be maintained in the future. The benefit of the tax treatment depends on individual circumstances.

What to consider

We’ve listed some considerations that may help you decide if investing in the Aegon GIA or Aegon ISA is right for you.

Consider if:

  • you’re prepared to put your capital at risk;
  • you’re prepared to invest for the medium-to-long term, of at least five years, ideally longer;
  • you want to spread the risk by investing in a diversified portfolio of investments;
  • you want access to a researched panel of funds;
  • you’d like the ability to view existing investments in one place, and
  • you want the freedom to switch your funds at any time.

Investments available through IPS

With a panel of around 30 funds from a range of fund managers, IPS offers a selection of investment opportunities - whether you’re growing your savings, approaching retirement or taking an income from your investments. Our fund research centre will show the funds available to you. As an IPS customer, you should select ‘Advanced search’ and choose 'Investor Portfolio Service' from the category drop-down.

Financial advice

If you decide that you’d like some extra help with your investments and savings, an intermediary may be the right option for you. If you don't already have one, you can find out more about the services provided here.

Help with your IPS account

If you’d like more information about IPS or have any queries about your account, contact us on 0345 272 0089. (Lines open Monday-Friday 9am-5pm) Calls may be recorded for your protection and to improve our services.

IPS is now closed to new customers.