For financial advisers only

Clear and rewarding charging

We’ve designed Change to the Aegon Retirement Choices (ARC) charging structure so it’s clear and rewarding. Our tiered and capped platform administration charge encourages consolidation and rewards those with more savings.

There are three main types of charges.

ARC charges

This is the administration charge taken to cover the cost of investing through ARC. We take this charge monthly from your clients’ account. As you can see from the table below, the percentage charge for each band reduces as your clients’ ARC account value grows. So the higher the value of assets they have on ARC, the less their percentage charge will be.

Fund value Yearly percentage charge
First £29,999.99 0.60%
Next £20,000 (£30,000 to £49,999.99) 0.55%
Next £50,000 (£50,000 to £99,999.99) 0.50%
Next £150,000 (£100,000 to £249,999.99) 0.45%
£250,000 and over 0.00%

Fund Charges

These charges cover the cost of managing investments and checking they’re performing as expected. They’ll vary depending on the assets chosen. The fund charge is sometimes called the ongoing charges figure (OCF).

Adviser charges

These are the charges for the advice you give and are agreed between you and your client.

You can find out more in our Charges guide (PDF - 392k)(Opens new window)

We might vary these charges at our discretion.