Transfers
Pensions schemes for UK companiesOur extensive corporate pensions range and excellent service could mean we're the provider you were looking for:
- One point of contact – our specialised transfers team have an average of over 10 years’ experience each and have completed over 1,100 schemes.
- Streamlined process – we take full ownership of the transfer from signature to application.
- Good governance – we have access to a specialist data audit service, outsourced to a third party, which can make sure the scheme data is accurate before the exercise begins.
There are risks associated with transfers:
- Losing any benefits or guarantees associated with the existing plan.
- The value of benefits may be lower than if the member remained invested in the previous plan. As with other pension products there's the risk that members may get back less than they invested.
- Members could lose entitlements such as loyalty benefits and tax free cash.
- Members could incur penalties.
- Some transfers will require the scheme's adviser to give face-to-face financial advice.
Why choose AEGON?
Our award-winning technology and support makes setting up and running a pension scheme easy.
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.