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Investments on Investor Portfolio Service

Investing can help your savings grow over time, and can offer better returns than you can get with a bank account. However, this potential for better returns comes with a risk that, unlike money held in a bank account, the value of an investment could fall as well as rise, and you might get back less than you invest.

IPS offers two ways to invest - the Aegon General Investment Account (GIA) and the Aegon Individual Savings Account (ISA). Find out more about the features of both below.

Aegon GIA

  • 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 a large scale fund.
  • You pay income tax and capital gains tax on any income or growth you take from the Aegon GIA.
  • There is no limit to the amount of money you can invest in the Aegon GIA.

Aegon ISA

  • The Aegon ISA is a stocks and shares ISA. It 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 (such as government or company bonds).
  • ISAs are tax efficient. You have no personal liability to income tax or capital gains tax on any money you take from an ISA.
  • You can currently invest £20,000 into a stocks and shares ISA each tax year.

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 invest for the medium-to-long term.
  • You want to spread your risk by investing in a diversified portfolio of investments.
  • You want access to a researched panel of funds.
  • You would like the ability to view existing investments on the Investor Portfolio Service.
  • You want the freedom to switch your funds at any time.

Risks

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 invested.

Each unit trust and OEIC 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.

Choosing investments

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.

Take a look at our fund range.

If you’re at all unsure about what to invest in, please seek advice or guidance.

Please note that, although there is no fixed term, you should be prepared to invest for at least five years, ideally longer, and not tie yourself to a fixed end date.

Documents you may need

Whether you’re already investing or getting ready to invest with us, there are a few documents you may need. You can find these below and once you’ve logged into the Customer Dashboard.