What we offer | Employer

Flexible workplace savings for every business

By offering a full range of flexible workplace pensions and savings options, we can deliver what’s right for your workplace.

We can provide more ways to save alongside pensions, including stocks and shares individual savings accounts (ISAs), and in some cases general investment accounts (GIAs). This allows you to help your employees with their financial wellness in a flexible way and at every stage of their working lives.

We also run a customer panel – drawn from employers, employees, and advisers – to continually test our communications, online usability, and product development. This means our workplace savings are designed to meet your needs.

Service excellence

We make sure the set up and ongoing management of your workplace retirement savings scheme is as smooth as possible. You’ll be allocated a dedicated implementation manager and our clear set-up process aims to avoid any disruption to your day-to-day business.

Choose the service level you want

We tailor our service level for your specific requirements. This gives you a solid foundation for your workplace scheme, no matter how your business changes over time.

Whether we’re the full provider, provide administrative services for trust-based schemes, or a defined contribution investment-only workplace savings scheme – it’s entirely up to you and what works best for your business.

Robust governance

We’re here to help you fulfil your regulatory duty to provide a fully compliant, fair, and well-governed pension scheme to your employees. That’s why robust governance is built into all our pension and workplace savings plans.

Our Independent Governance Committee (IGC) looks out for our defined-contribution contract pension schemes, while our master trust has its own dedicated board of trustees. Both make sure our workplace pensions deliver value for money and hold us to account to prioritise member interests.

Giving you time back for engagement

We offer tools and services to support you with governance and save you valuable time – freeing you up to focus on value-add activities like member engagement. Our governance and reporting tool, Member Insights, simplifies complex information and provides an easy-to-understand governance report.

Member engagement

We care about your employees’ futures and pension engagement is at the heart of our business.

We’re here to make sure any communications with your employees are clear and easy to understand. We also have templates and guidance on how to deliver a pension engagement strategy – to help you provide engaging communications for your employees. Together, we’ll help your employees feel in control of their pension.

UK-based pensions support

Your members can easily check on their pension performance online at any time and our UK-based pension guidance team, Aegon Assist, are just a phone call away. Members also have access to tools and resources to support their financial wellbeing – a contributing factor in workforce performance.

Our workplace pension plans, your choice

Aegon Master Trust Aegon Master Trust is a full-service defined-contribution pension, offering simplicity and convenience. It combines independent governance with a flexible investment capability, robust administration, and tailored communications to help members achieve financial security.

TargetPlan - Contract-based pensions We offer several contract-based pensions through TargetPlan, which you can choose as your workplace pension to meet automatic enrolment obligations. This includes a group personal pension (GPP) and a group stakeholder pension (GSHP).

Aegon Retirement Choices You can give your employees access to a group self-invested personal pension (GSIPP) as well as an ISA, and a GIA through our Aegon Retirement Choices workplace scheme. Our self-invested personal pension (SIPP) offers employees a wider range of investments to choose from.

Trust-based pensions Also known as ‘own trust’ schemes – this type of pension provides investment and administration services to the trustees of occupational pension schemes (OPS) and additional voluntary contribution (AVC) schemes. Trustees run your workplace scheme for you – so for the benefit of the sponsoring employer.

Workplace investments

Working with you, we offer a number of default strategies to suit a wide variety of schemes, alongside a range of self-select options, all backed by robust fund governance, allowing your employees to create their own bespoke investment strategies.

Find out more about workplace investments

Supporting a sustainable future

We know sustainability is important for many of your employees in their life choices and that climate change is a key concern.

In 2019 we committed to net-zero greenhouse gas emissions for our pension default fund range by 2050 and to a 50% reduction in emissions by 2030.¹

With over 30 years' experience managing responsible investments, we have over £26.9 billion invested in funds that consider environmental, social and governance (ESG) factors (as at 31 December 2024).

Learn more about responsible investing

¹Measured using carbon footprint across our full range of default funds. Emissions targets don’t apply to individual funds. 2030 target applies to scope 1 and 2 emissions from listed equities (shares) and corporate fixed income (bonds) only.