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14th December 2015

Aegon broadens choice of default funds for workplace pension schemes

Aegon has unveiled its new Workplace Target funds - a range of default fund options for workplace pension schemes – available from February 2016. The new range responds to pension freedoms and changing investor behaviour, providing options for how investment risk is managed in the run-up to retirement.

At the heart of the range are five funds which use Aegon’s new Flexible Target glidepath, designed to keep investors’ options open as they near retirement. This approach aims to reduce risk while maintaining diversification in the final six years before retirement. The aim is to cushion retiring investors from the worst consequences of a market fall and retain some growth potential.

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