Aegon Pension Drawdown

Compare Aegon pension drawdown fees, investment options and features against all 21 UK providers. Updated for 2026.

Fee structure

Platform fees: ARC SIPP: 0.60% to £30k, 0.55% to £50k, 0.50% to £100k, 0.45% to £250k, 0% above £250k, plus £75/year drawdown fee

Fund charges (Ongoing Charges Figure) apply on top of platform fees and depend on your chosen investments. Use our calculator above to see the total annual cost for your specific pot size.

Latest Aegon news & updates

20 May 2026

Aegon UK streamlines pension and investment transfers

Aegon UK removed transfer-authority requirements for eligible cash and re-registration transfers on its ARC platform, enabling fully online journeys. Platform switch volumes rose sharply year-on-year.

15 Apr 2026

Standard Life agrees £2bn deal to acquire Aegon UK

Standard Life agreed to buy Aegon UK for £2bn, in a deal expected to complete around the end of 2026 subject to regulatory approval. The combination would create one of the UK's largest retirement businesses with around £480bn of assets.

9 Mar 2026

Aegon adds private markets to its LifePath default funds

Aegon UK introduced a private markets allocation within its LifePath default workplace pension funds, extending member access to the asset class.

Last updated 20 May 2026.

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