You can switch funds at any time, although you may want to talk to your financial adviser if you are in any doubt as it could have a big effect on your pension savings. If you don't have a financial adviser, visit MoneyHelper to find an adviser near you.

Please note: there may be restrictions on the funds available to your type of pension plan or product. To find out what’s available to you, login to your account or go to the fund prices and performance page and click through to the fund list applicable to you.

How to switch funds

The process is different depending on what type of plan you have.

Retiready / Workplace ARC

Switch online by signing in to your Retiready account. Once you’ve logged in, go to the Savings page and select your plan number. You'll then have the option to 'Switch fund'.

If you haven’t already activated your account, you can do so on the Retiready site. If you don't have an activation code, call us on 0345 610 0072 (Call charges will vary).

Aegon Retirement Choices (ARC) and Aegon One Retirement (AOR)

Switch online by signing in to your account.

Once you've logged in, click on your wrapper/plan number. Then, on the left hand side of the screen under 'Transactions', click 'Switch into assets'. You should be aware that it can take up to 14 working days to complete a switch instruction and during that time, your savings may not be invested.

If you don’t have access to online services get in touch with your adviser as they would have to give you access for certain transactions.

If you don't have a financial adviser, visit MoneyHelper to find an adviser near you. There may be a charge for financial advice.

Alternatively you can call us on 0345 608 1680 (Call charges will vary) to gain access to online services.

You can find more information on how to switch from page 20 of the customer Online support guide for Aegon Retirement Choices and Aegon One Retirement.

Please note, Aegon One Retirement customers can’t choose another lifestyle fund.

Other products

See How do I change my investments for details on how to switch funds.

The value of an investment can fall as well as rise and isn’t guaranteed.

The final value of your pension pot when you come to take benefits may be less than has been paid in.

Your choice of investment fund can have a big effect on your pension benefits. If you're in any doubt about which fund's right for you, you should speak to a professional financial adviser. MoneyHelper gives free and impartial guidance to help make your money and pension choices clearer. If you don't have a financial adviser, you can visit MoneyHelper to find the right one for you.

Further guidance and help