Options beyond the Aegon Retirement Choices default

Through an Aegon Retirement Choices pension scheme, your members have over 4,500 (as at August 2022) investment options to choose from if they wish to build their own retirement portfolio. We recognise that relatively few members choose to do this, so we’ve designed our workplace proposition to make it easier for your members to engage with their investment choices. 

That’s why we offer a tiered approach to help members gain the confidence to create their own investment strategies.

We explain how the default fund works in simple terms, so your members can decide whether or not it’s right for them. 

Our simple video helps explain what a ‘lifestyle’ or ‘retirement target’ fund does and whether it might suit them.

If your members want to choose their own investments but don’t necessarily want to build a portfolio from scratch, we offer a range of ready-made solutions that they can choose based on their attitude to risk.

Find out about our range of six Risk-Managed Portfolios offering simple, cost-effective solutions to suit cautious through to adventurous investors.  

More confident members or those with a financial adviser can choose from over 4,500 investment options, including over 200 funds (as at December 2022) with an environmental, social or governance (ESG) focus.  

  • Insured funds, including lifestyle funds
  • Collectives (other pooled funds like Open Ended Investment Companies (OEICs) and unit trusts)
  • Equities (direct investment in company shares)
  • Investment trusts*
  • Exchange-traded funds (ETFs)*

*Members must have an adviser to access these investments.

Explore our fund range 

Support into retirement

We contact all members in the run-up to retirement to remind them to review their investments to make sure they’re still suitable and match their retirement goals. 

We also send out letters to remind those in the scheme default fund about the automatic changes their fund goes through just before retirement. We ask them to check that they’re still on track for the retirement they want, and we have a dedicated Lifestyle investments hub where they can find out more about their options. 

To find out more about our funds for workplace investors, please get in touch or speak to your usual Aegon contact. 

The value of an investment can fall as well as rise and isn't guaranteed. The final value of a member's pension pot when they come to take benefits may be less than has been paid in.