Can I transfer assets to a new custodian or do I need to sell all the assets?

Changing the custodian of your bond from or to Aegon can only be carried out as a cash transfer. This means that your current assets will be sold and the proceeds transferred to your new custodian. If the asset is illiquid - this is an asset that can't be quickly converted into cash, for example, property, we may be able to process an in-specie transfer, which is the process of transferring assets without selling the underlying investment.