Key facts

This part’s just like a conventional pension plan. We offer an excellent range of pension funds which are chosen and closely monitored by our Investment Committee. Some of these are managed specifically by another part of the AEGON Group, Kames Capital, and others offer you access to the expertise of some of the top investment houses in the UK at very competitive rates.

Different funds have different levels of risk associated with them. All funds carry the risk of falling in value – some more than others and you may not get back the amount you originally invested. If you’re unsure about the risks associated with any of our funds, you should speak to your financial adviser.

The self-invested element of the plan is for people who want to take an active interest in, and have more control over, their investments. It lets you invest direct in the stock market as well as in our highly competitive Fund Supermarket, which gives you access to a vast array of funds from a wide range of fund managers. You don’t need to use this part of the plan unless, or until, you want to. And, of course, we won’t charge you for it unless you choose to use it.

As with all investments, the value of the fund you’ve invested in can go down as well as up and you may not get back the amount you originally invested. If you choose to self-invest, any additional charges would depend on the investments you choose and the size of the investment.

We charge for managing the insured element of your plan and investments. We take these charges through deductions from your plan over the years until you finally take all your benefits. We take these charges from your fund value.

We may vary these charges at our discretion.

If you choose the self-investment option, Capita SIP Services charge for managing this part of your plan. These charges are deducted from the value of the self-invested element. Please ask your financial adviser for more details of these charges.

Capita SIP Services is the third-party provider we use to administer the self-invested element of your SIPP.

These charges are increased by reference to the Average Weekly Index on 6 April each year, but we may vary these charges at our discretion.