First, select the retirement outcome – Flexible, annuity or cash, then choose based on risk or active/passive investment strategies.

This is only a guide, only you and your adviser can decide the default fund that's right for your scheme.

The risk levels shown here were created by Aegon and shouldn't be compared to those from other providers, which may have been developed using different criteria. Please read the full risk level descriptions and fund factsheets for full details of risks and charges that apply before deciding which fund to choose.

There is no guarantee that the funds will meet their objectives.

The value of an investment and any income taken, 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.

If you don't want to choose a fund, Aegon’s in-house default fund, Aegon Workplace Default is designed to adapt to the changing needs of pension scheme members.

To find out more, please contact us or speak to your usual Aegon contact.

Aegon Workplace Default

This is our chosen default for Aegon Retirement Choices (ARC) workplace schemes. Targeting a flexible outcome, it provides a simple, low-cost solution aimed at the average risk investor.

Find out more

Explaining how our workplace target funds work to scheme member

We offer a range of support for members to help them understand how their default fund works. Select the strategy below to find out more.