Aegon: Pension reviews

Name: Pension
Rating: 2.38 (153 reviews)

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2.38

Based on 153 reviews, last reviewed 20th Mar 2023

200% increase in 5 star reviews

in the past 90 days

89% increase in 1 star reviews

in the past 90 days

5 star

20%

4 star

16%

3 star

2 star

1 star

56%

Latest highest rating:

5

Aegon RitireReady I have just joined Aegon with my employer pension. The product is RetireReady and it is a fantastic user interface with lots of videos to help plan fo... Read more Reviewed on: 28th February 2023

Latest lowest rating:

1

Switching funds is almost impossible. My company and I pay into this SIPP. It has very cheap fees (£40p/m regardless of pot size). The site is absolutely useless if you want to do anythin... Read more Reviewed on: 20th March 2023

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About the Pension

Aegon pension reviews written by Smart Money People like you. For many of us, our pension is an important part of our financial future. Finding a pension provider that you can trust and rely on is a must for many people. Take a look at our Aegon pension reviews to find out what life at Aegon is really like. If you hold this pension, we'd love you to write an honest review here too!

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Aegon Pension reviews (153)

Switching funds is almost impossible.

My company and I pay into this SIPP. It has very cheap fees (£40p/m regardless of pot size). The site is absolutely useless if you want to do anything other than watch your pension. Transferring in took 2 months and about ten phone calls. Switching funds takes about a month, emails and five calls so far. 95% of people are in the standard lifestyle fund so do not need to worry about anything else. Do yourself a favour and spend a day researching it a bit. It could prevent you losing tens of thousands keeping it in a lazy fund. Reviewed on: 20th March 2023

AEGON is a financial pyramid

AEGON is a financial pyramid. The idea of AEGON's existence is to invest the customers' money with a profit so that they have a decent pension. Instead, the money is not invested at all, or if it is invested, the profit is taken away by AEGON. Apart from this, customers' accounts are being drained under some unclear rules and with exorbitant charges. I RECOMMEND everyone to deposit their money in a bank. There you have constant access and control of your account, clear rules, no fees and interest is paid. Reviewed on: 16th March 2023

DO not use this company if you have any sense!

DO not use this company if you have any sense. When it comes to withdrawing on a pension account they put one excuse after another to hold up the payment. Their own web site states 3 days for processing and upto 5 days for payment - and my case 22 days and counting. This includes the fact they lost a personal document in the form of my debit account bank statement. How dangerous is this? In this day and age how is this allowed to happen? Reviewed on: 16th March 2023

Terrible service.

Not once have I managed to get through to Aegon. I'm currently trying to sort out all my pension pots, I've got hold of three pension providers on the phone, easily! Aegon is something else. I've written to them, no response. I've emailed them only for them to refer ne back to their website. I won't be putting another penny into this scheme. Reviewed on: 8th March 2023

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