Provider fees

Aegon pension fees and charges

Product record reviewed: 2026-04-29 · Fee schedule checked: 2026-09-11 · Source: provider fee page

Direct answer: Aegon charges 0.60% on first £30k, 0.55% £30k–£50k, 0.50% £50k–£100k, 0.45% £100k–£250k, 0% above £250k.. On a £100,000 pot that is £540/year in annual provider/platform fee, and on a £500,000 pot it is £1,215/year. Fund charges and product-specific caveats may apply.

Fee model

0.60% on first £30k, 0.55% £30k–£50k, 0.50% £50k–£100k, 0.45% £100k–£250k, 0% above £250k.

Tiered percentage, capped above £250k · SIPP available · Workplace available

Annual representative charge by pot size

Annual figures displayed to the nearest pound. Representative provider/platform charge. Fund charges and adviser charges may be additional unless the provider note says they are included: Varies by investment; additional to the platform charge

Note: ARC administration charges are shown, excluding cash in the product cash facility. A £75 annual drawdown charge starts with the first drawdown pension payment and applies each year afterwards. Equity and investment-trust purchases or sales carry a £15 stockbroker fee. Investment entry/exit costs, adviser fees, taxes and other transaction charges can also apply. Check the personal illustration.

The ARC table applies decreasing rates to successive portions of invested holdings. It reaches £1,215 a year at £250,000 and does not add a platform charge on the excess. This is only the administration layer. Investment, adviser and applicable drawdown charges are separate, and workplace arrangements can differ.

Strengths

+Published marginal administration tiers
+No platform charge on the portion above £250,000

Limitations

–Fund and adviser charges may be additional
–Taking drawdown income triggers a separate annual charge

Details

Fund range2,000+ funds from multiple managers, plus shares and investment trusts via SIPP option

Minimum investmentNo published minimum (typically adviser-arranged)

Typical fund OCFVaries by investment; additional to the platform charge

SIPP/direct pensionSIPP available

Aegon pension fees FAQ

What are Aegon pension charges in 2026?

Aegon's representative published charging model is: 0.60% on first £30k, 0.55% £30k–£50k, 0.50% £50k–£100k, 0.45% £100k–£250k, 0% above £250k.. The figures on this page show provider/platform/admin charges by pot size. Fund charges, adviser charges, workplace terms and product-specific charges may differ, so check the provider fee schedule before acting.

What are Aegon ARC platform charges?

The Aegon entry uses the published Aegon Retirement Choices tiered platform charge: 0.60% on the first £30k, 0.55% from £30k to £50k, 0.50% from £50k to £100k, 0.45% from £100k to £250k, and 0% above £250k. Fund, adviser and drawdown charges may apply on top.

Does Aegon charge exit fees?

Aegon products vary by platform, adviser arrangement, workplace scheme and legacy policy. Before transferring or closing a pension, check your own Aegon policy documents for exit, transfer, drawdown and adviser charges rather than relying on a generic fee table.

All providers

HL Vanguard ii AJ Bell PensionBee Fidelity Aviva NEST InvestEngine Nutmeg Royal London Sc. Widows Std Life L&GAegon

Things to consider

•Fees shown are representative provider, platform or admin charges. Some rows are platform/admin fees only; Royal London's Governed Range AMC includes Royal London fund management.
•Fee structures change without notice. Always verify the current fee on the provider's website before making any decision.
•The lowest headline fee is only one comparison point. Fund range, service, platform features, investment choice, adviser access, and product restrictions also matter.
•Transferring a pension may involve exit fees, loss of guaranteed benefits, or loss of employer contributions. Check before you transfer.
•This page is factual information based on published fee schedules, not a recommendation to use or avoid any provider.
•For personal recommendations, speak to an FCA-regulated financial adviser and check the FCA register.

This provider comparison is general information based on published charge schedules, not financial advice or a personal recommendation. Verify current fees and product terms with the provider and check FCA authorisation before acting.