AEGON Group Money Purchase Pensions
Pension schemes for UK companies
Our Group Money Purchase Pension (also known as an occupational scheme) is a flexible company pension arrangement designed to suit the needs of your company. Moving from a defined benefit (DB) to our trust-based defined contribution (DC) structure allows the existing scheme’s trust structure to be maintained.
Product highlights
- Help and support for scheme trustees
- Award-winning technology and administration support
- Flexible investment solutions
- Option to create bespoke fund ranges within certain criteria
- Investment governance from two independent consultancies, Mercer and Old Broad Street Research (OBSR)
- 24/7 access to our online member services
- Clear and simple employee communications
- You may be exempt from stakeholder rules
The value of an investment and any income from it can fall as well as rise and is not guaranteed. Investors may get back less than the amount originally invested.
Who is it suitable for?
Before buying any product you need to be aware of its risks and commitments. If you're unsure about the suitability of this product we recommend you get professional financial advice.
A group money purchase pension may be suitable if you:
- want an alternative to a final salary scheme
- have a large workforce
- have an existing trust-based pension arrangement
- want to offer all or some employees a good benefit package
- are looking for a flexible arrangement, for example one-off contributions and the ability to transfer
- would like to create bespoke fund ranges from our wide choice of funds
A group money purchase pension may not be suitable if you:
- want immediate access to non-insured investment options
- would prefer to take on less responsibility for running the scheme
Why choose AEGON?
Our award-winning technology and support makes setting up and running a pension scheme easy.
How to apply
Find out how to apply for our products and where you can find out more about the choices available to you.
Next steps
If you would like more information you should talk to a financial adviser.
Contact us
Call us on:
0870 60 00 337
If you have a specific question about company or group pensions visit our contact pages.