Where this fits
Ask what the market value reduction is today before an Aegon with-profits plan moves.
Sunny Bharj
Independent Financial Adviser
Tony Springer
Independent Financial Adviser
Aegon pensions are provided by Scottish Equitable plc, part of Aegon UK. Each fund has its own charge, shown in TargetPlan. Drawdown means moving your pension into Aegon's TargetPlan Retirement Income Account, and older Scottish Equitable with-profits plans can carry a minimum guaranteed return.
Scottish Equitable plc, part of Aegon UK, on the FCA register under number 165548. Aegon also runs the Aegon Master Trust, authorised by The Pensions Regulator.
Aegon has warned customers about fraudulent messages claiming to come from Aegon Scottish Equitable. Contact it only through the details on its own site.
Each fund has its own annual management charge, shown in TargetPlan or by phone. Any separate administration charge is in your scheme's investment options leaflet or policy schedule.
Aegon says most with-profits investments offer a minimum guaranteed return, subject to conditions, and publishes current final bonus rates and market value reductions on its fund factsheets.
Aegon's site does not set out an exit charge for moving out. Ask for it in writing, and for any market value reduction on with-profits, before you instruct a transfer.
Checked on 2 October 2026 against aegon.co.uk and its TargetPlan key features, the FCA register and The Pensions Regulator. Phone numbers, charges and options change, so check the provider's own site before you act.
The minimum guarantee on an old Scottish Equitable plan depends on conditions, and those conditions decide when to take it.
The Aegon UK company that provides Aegon's pensions, on the FCA register under number 165548.
Yes, by moving your pension into the TargetPlan Retirement Income Account.
In TargetPlan, or by calling Aegon. Each fund has its own charge.
Ask what the market value reduction is today before an Aegon with-profits plan moves.
Independent Financial Adviser
Independent Financial Adviser
A first conversation of about twenty minutes, at no cost to you. Tell us what is on your mind: a pension you have lost track of, a fixed rate ending, a will you keep meaning to write.