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Aegon puts you in control of your clients' financial futures. Providing you with the flexibility to manage wealth accumulation and retirement income in one place, we can support your clients throughout their working life and into retirement.

Many people now opt for a more gradual transition from working life into retirement. The Aegon SIPP offers the flexibility to support a phased approach, allowing a seamless transition from saving to taking an income. 

Features and benefits at a glance

  • Choose to either sell SIPP assets proportionately or target assets and amount to sell down for tax-free cash
  • Seamless transition from tax-efficient pension saving to taking an income
  • Move funds proportionately from SIPP to drawdown or specify assets and amounts
  • Access to a wide range of investment funds catering for different savings needs
  • Simple transfer process – transfer an old pension to the Aegon SIPP

With the Aegon SIPP, clients can choose:

  • how much income they take;
  • how to take their income and any tax-free cash (after 55);
  • when to start taking income;
  • to keep their money invested until they need it, and
  • when to draw cash lump sums.

What's included?

Drawdown pension?
Yes
Flexi-access drawdown?
Yes - no limit to income taken from pension.
Uncrystallised Funds Pension Lump Sum (UFPLS)
Yes
Fund transfer in/out
Yes
Minimum transfer value
£1
Minimum single/regular contribution
£1 per month

The flexibility of a SIPP, the wide range of investment options and the ability for you and your clients to actively manage their investments are all good reasons to use the Aegon SIPP.

However, because of this flexibility, SIPPs generally have higher costs than a standard personal pension, and in particular a stakeholder pension plan. For this reason, a SIPP will not be suitable for everybody.   

The value of the investments with a pension can fall as well as rise.  The value of a client’s pot at retirement may be less than they pay in.  All payments into a client’s pension pot are normally tied up until they take their benefits, which is usually any time from age 55.