One of the reasons that there are so many types of pension plans is that there are so many types of people. Yet people often find themselves joining the first pension plan that's offered to them, rather than actually looking at a few options and making an informed choice.
It's easy to change
Fortunately, as it's so easy to transfer into an AEGON Scottish Equitable pension plan, you can make that informed choice at any time. There are several areas you should consider, including:
- the level of charges you're prepared to pay
- the flexibility offered at your retirement date
- the choice of investments
- the ways in which you can pay
- whether you have any pension and/or tax-free lump sum protection in your present pension plan
- whether you have a protected pension age
You should then try to find the pension plan that best matches your needs.
Common questions
Are the charges of my present plan reasonable?
Are there any risks involved?
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.
