Write a review

Aegon: Pension reviews

Name: Pension
Rating: 2.03 (214 reviews)

View other Aegon products

1.63

Based on 214 reviews, last reviewed 14th Jan 2025

No new 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

15%

12%

68%

Latest highest rating:

5

Good company to have your pension with I have used this company for my pension for a few years now with a couple of employers was also easy to move to one place very quick and easy process Reviewed on: 22nd August 2023

Latest lowest rating:

1

Stay clear of dealing with this company Slow company to do anything, make promises they never keep and have appalling customer service and send out misleading documentation Reviewed on: 14th January 2025

Read all reviews See your review

About this product

Aegon offered a Retiready Pension which was withdrawn for new customers from December 2023. For existing customers, it has a maximum service charge of 0.5% per year.

Aegon also provide workplace pensions through Aegon Retirement Choices. The UK-based Aegon Assist team can guide customers through retirement options.

Aegon Pension reviews help you make a smart buying decision. If you’ve used Aegon before, leave a review of your own and help others understand what it’s like to be a customer.

Aegon Pension reviews (214)

Review of the Aegon, Pension:

Website inoperative

Customer online investment details has been down for 5 weeks - usual corporate email responses but now taking further. I find it unacceptable that this company have no sense to get the website up and running - appears to be no urgency. Reported this situation this morning rot the financial ombudsman - lots of very expensive but in effective senior management. Should we be concerned? Reviewed on: 30th September 2024

Very poor service

Unfortunately I have an old company pension plan with them. The info they offer is a bit limited to begin with, but the real issue is when you try to move your old plan to a new one. Then they throw at you every possible hurdle and unreasonable request. Any advisor will tell you that is a red flag and I wouldn't recommend any company or individual to use them, in fact, I would avoid them like the plague. Reviewed on: 29th July 2020

Helpful today

My employer has had our company group pension in a fund managed through Aegon for many years. I was rather startled by the negative reviews here, however I have just called them and found them helpful and friendly. I needed a little help to get back online to see my plan and 'Duncan' was able to sort this out with me very quickly. Reviewed on: 23rd July 2020

Have tried to close account and get shares back for three months and received no correspondence from them, seriously thinking of taking legal action..

Previous explanation ,very bad company at releasing your money...I am recently widowed,and they are dragging this out, covid 19 is getting the excuse everyone is using ,but staff are furloughed and working from home..no excuses please! Get firm sorted or legal team and further expenses will incur....Mrs Margaret J Flynn..... Reviewed on: 16th July 2020

Aegon just don't get back to you and when they do ... 3 days later...

Aegon just don't get back to you and when they do ... 3 days later they do no respond fully to all clearly raised points of concern. During covid they are not operating a service and should say so to investors and stakeholders. Outwith covid status they were no better they didn't even tell me there was an early end to tax year despite clear complaints realised that outlined the importance off my tax year cash in. A really worry so many wrong and conflicting messages cal centre claims, complaints and yes... management too. Disappointed mitt to access cash when I wanted I was messed around like no other experience i can recall in my 50 decades of life. Don't invest! Reviewed on: 9th April 2020

Should not be allowed to trade in the UK!

Trying to communicate or get your money back from this company is impossible! They area bunch of incompetent amateurs! Reviewed on: 28th February 2020

Would give them 0 stars if I could

AXA UK moved our pensions to Argon. Now retired I've been looking at all my pots for the future. With this one, I wanted to release some capital. I started this process on 3rd Jan 20. Still today I'm waiting for paper work after 7 days! Told I should receive it in 3 to 5 days. Every time I call given misinformation, conflicting reasons for delays etc. One operator blamed AXA for the long process! I'm going to move the pot from them, purely because I have no trust what's so ever. Appaling. Reviewed on: 23rd February 2020

AEGON RUN BY CLOWNS

HIS IS THE CRAPPIEST COMPANY I HAVE EVER HAD THE MISFORTUNE TO DEAL WITH. i HAD MY PENSION WITH COFUNDS (NOW AEGON) AND I CANNOT GET ANY MONEY OUT OR TRANSFERRED OUT. I REQUESTED A TRANSFER IN SEPTEMBER AND IT'S NOW JANUARY AND STILL NO MONEY. THIS COMPANY IS RUN BY CLOWNS!!! Reviewed on: 17th January 2020

Useless customer services

Conflicting information each time you contact them. I was assured 3 weeks ago that once I received the information pack and the pension statement of just over £200 I could phone them and they would do a credit reference check and send me the money. Did that today, not the case, they would send me yet another form. I would then have to take my passport to the post office get a copy endorsed and send it back to them. Would it have been so difficult to have sent all the necessary paperwork together. Reviewed on: 10th January 2020

PATRONISING ROBOTS

AEGON : They make it difficult for you to withdraw your pension pot by complicating the process and talking down at you. They ask you questions and if you don't answer properly they start all over again. Must be the most patronising and asinine method with robots employed, I have ever experienced in my long life. Definitely keep away and invest your money where you will be treated like an adult customer. After all, they should be bending over backwards to please their customers, NOT IRRITATE THEM IN THE MOST CONDESCENDING WAY IMAGINABLE !!! Reviewed on: 4th December 2019

Terrible experience.....back in the 1950s

How did I associate with the company? I must be a fool. I can't deal with them, my investments through them are crashing, they don't return phone calls or email. When I call for help, they sit in silence and say they can't help and I need to email them......huh? I'm only trying to log-in. Reviewed on: 30th August 2019

Do you have a different Aegon product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Are you a business? Get insights, reply to reviews, invite customers and understand their needs

Alternative products

Pensions
from Virgin Money 1.92 from 26 reviews
Pension
from Nutmeg 4.81 from 37 reviews
Pension Consolidation
from Aspire Financial Planning 5.00 from 1 reviews

There's still more to see!

Aegon has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub