What charges do I have to pay?
We charge fees for managing the plan and looking after your investments. However, these are deducted from the plan and you don't have to pay any additional charges.
Is it possible to change funds during the life of the pension plan?
Yes, the funds can be changed at any time.
Are there any risks involved?
There are risks involved in any investment. It's possible that the value of the fund may go down as well as up for reasons such as investment performance. Pension benefits are not guaranteed.
What happens if I die before I retire?
If you die before you retire we'll pay the value of your fund to the trustees.
The lump sum death benefits will be tested against the lifetime allowance and a tax charge of 55% will be payable on any excess.
You can opt to have your death benefits paid as a pension to your husband, wife, civil partner or dependant(s). If paid as a pension, it wouldn't be tested against the lifetime allowance and there would be no tax charge.
What's special about AEGON Scottish Equitable executive pension plans?
Over 170 years, we've built a reputation for expert and effective money management. Both our fund management and our personal service are designed to meet the needs of our customers and our exceptional performance has been recognised by several awards.
Next steps
If you'd like more information about AEGON Scottish Equitable executive pension plans, you should talk to a financial adviser in the first instance.
Further information... Who should I talk to?
Speak to your financial adviser to find out more. If you don't have an adviser, the IFA Promotion Service or the Society of Financial Advisers can help you find one.
