What is Aegon Target Plan?
TargetPlan includes the LifePath range of lifestyling funds. LifePath funds gradually alter their investment mix as the member moves closer to retirement to help manage risk and maintain a suitable investment balance, depending on the member's retirement plans.
How do I withdraw money from my Aegon pension?
Select View & Manage against the product you want to take the one-off withdrawal from. In this example we'll select the Aegon Stocks & Shares ISA. You'll now see a summary of your product. From More options select One-off withdrawal.
Can I transfer my Aegon pension?
Yes, you can transfer other pensions into your Aegon plan, however there may be some restrictions. Before you transfer, we recommend talking to a financial adviser, as there are a number of important factors to consider. For example, you should: Get a transfer value from your other pension plan providers.
Is Aegon pension any good?
Our analysis of the Aegon LifePath pension funds identified that 31% rated as poor performing 1 or 2 star funds with the majority, 54.1% consistently ranking among the best in their sectors with a 4 star performance rating.
Can I withdraw my Aegon pension?
You can withdraw all your pension savings as a cash lump sum anytime from age 55 onwards and then spend, save or reinvest it as you like.
Can I withdraw my Aegon pension before 55?
Taking your tax-free 25% lump sum. When you're eligible to start taking money out of your workplace pension (usually from age 55), up to 25% of your pension pot can be taken out as tax-free cash.
Is Aegon a good company?
Our analysis of the Aegon LifePath pension funds identified that 31% rated as poor performing 1 or 2 star funds with the majority, 54.1% consistently ranking among the best in their sectors with a 4 star performance rating.