What consolidating could do for you and your pension?
Some people shy away from consolidating their pensions because they think it’s an expensive, lengthy process and too difficult. But at Aegon, we've developed our process to make it easy to do with support on hand to help guide you.
You should be comfortable with the investment choices that you make as you may lose features, protections, guarantees or other benefits when you transfer. If you’re not sure, you should get financial advice - there may be a charge for this.
A transfer for consolidation purposes is from one capital at risk pension product to another – so the value of your investments after any consolidation can still fall as well as rise and the final value of your consolidated pension pots may be less than paid in.
Any new funds you move your money into will have their own set of risks that will be detailed in the fund information that will be available to you.
Multiple pensions could mean paying multiple fees. Consolidating could mean paying less charges so more of your money stays in your pot.
Our process of pulling your pensions into one place is easy to do.
It can be easy to manage, you get one statement from one pension and you can access it online, anytime.
You could get a better understanding of your overall financial position.