Will I be able to transfer my existing Aegon pension(s) to my Retiready Pension?
Updated 19 March 2019
Yes, we’ll help you complete the process and accept transfers from the following types of pensions:
- Personal Pension (Group, individual and self-invested)
- Stakeholder (Group and individual)
- Money purchase occupational pension scheme (unless it provides you with a fixed or guaranteed benefits)
Unfortunately Retiready cannot accept transfers from defined benefit pension schemes (often called 'final salary' pension schemes).
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.