Choose a Workplace Target Fund

Choose a Workplace Target Fund

Our Workplace Target funds are designed for use as scheme defaults. Find the one that might suit your scheme in three simple steps:

1 Retirement target

  • Flexibility

    Flexible

    Employees take retirement income in various ways.

  • Annuity

    Annuity

    Most employees buy an annuity on retirement.

  • Cash

    Cash

    Most employees cash-in retirement savings.

This is only a guide, only you and your adviser can decide the default fund that's right for your scheme. The risk levels(Opens new window)(Opens new window)(Opens new window) shown here were created by Aegon and shouldn't be compared to those from other providers, which may have been developed using different criteria.

If you don’t want to choose a fund, Aegon’s in-house default fund, Aegon Workplace Default(Opens new window)(Opens new window)(Opens new window) 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.

There's no guarantee the funds will meet their objectives. The value of investments can fall as well as rise meaning the final value of a member's pension plan may be less than the amount invested. Where scheme members remain invested in retirement, any income payments will have a negative impact on savings and savings may run out too soon. Those who cash-in retirement savings will be subject to income tax on any savings over the tax-free allowance (currently 25%).