How will I know if I’m in an Aegon lifestyle fund?
There are a few pointers that will tell you whether you have a lifestyle fund or not.
You may have to login to your account(Opens new window) to find out the name of the fund(s) you’re invested in. Most of Aegon’s lifestyle funds have ‘Lifestyle’, ‘Default’, ‘Journey’, ‘Annuity Target’, ‘Flexible Target’ or ‘Cash Target’ in the fund name on the fund factsheet. Shortened names in fund lists or online will include ‘LS’, ‘LFS’, ‘Tgt Ann’, ‘Tgt Cash’, ‘Tgt Drdn’ or ‘WPS’. For a full list of all our lifestyle funds, go to our Lifestyle fund finder(Opens new window).
If you’re within a few years of retiring there may also be a number after the fund name on your annual statement. The number is the year we have on record for you to retire in e.g. Universal Lifestyle Collection 2025 is the Universal Lifestyle Collection fund for those due to retire in 2025. Unless you’ve selected a retirement date yourself, this may be based on the scheme retirement age e.g. 65.
Fund name may have 'Lifestyle', 'default', or 'target' in name.
If you're close to retirement there may be a number after fund name in your annual statement, which will be your retirement year.
Fund description will talk about two-stage process.
The value of investments can fall as well as rise meaning the final value of your pension plan may be less than the amount invested.
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. If you don't already have one, you can find one near you at unbiased.co.uk(Opens new window).