Retiready by Aegon - switching funds

Polly05

Hi. 
I have my workplace pension in the retiready by aegon site. I have never looked into what exactly it is invested in or considered changing it.
Now that I'm a bit more savvy about it, I have realised I should. But I can't seem to find how to.. 
Does anyone else have experience of this website? 
I'm looking for.. performance graphs, fees, investment details of my current one compared to my other options.
 I would like to change to something a bit riskier than the default.
But I can't see to find the details. Eventually found a button saying "switch funds" but when I clicked it, nothing happened. 
Thanks! 

IamWood

I have an old work pension with Aegon too. You can do it either online or call customer service for guidance. The customer service is very friendly and they usually picked up the phone in a minute by my experience.

Give Aegon a call.

MaxiRobriguez

You can't do anything worthwhile from the RetireReady platform apart from look at what you're invested in. If you click on "Your Aegon Pension" after logging in then "Fund Activity" you can see what you're invested in. You can find all sorts of charts/performance etc by putting the fund name in google and finding Trustnet or Morningstar links of that fund.

What you can switch to depends on what you're employer has signed you up to, but I'd hazard a guess you need an ARC profile (it's different to your retireready one, login to it via the same landing page as retireready login button) and from within there you can see what you can switch to. There's also .pdf versions of the fund ranges you can select from.

Contact their customer services - just explain what you want to do and ask for guidance. 

NannaH

When I click on switch funds I get this , then next allows you to sell funds and choose others

Polly05

Thanks for that. I'm trying to get through to them now. 
Does anyone know if I can have multiple funds? Or is it all or nothing? For example.. Can I sell half my pension.. And buy a different fund. So then I have half my money in the default fund and half in one I choose? All still within the retiready thing?
Thanks

Polly05

In answer to my own question, apparently you can have up to 40 different funds! But that was as far as I got before I got cut off. 
Hoping it's relatively easy to do.. 

NannaH

It’s very easy.  I put DH’s default fund into 3 funds,  Baillie Gifford balanced managed,  B Giff Global Alpha growth and Aegon Fundsmith Equity Acc.  It’s going to be 11 years till it’s accessed. 

Polly05

Oh good! I haven't gotten that far yet.. But I see the order of things is "sell funds" then "confirm funds". So I can just sell... Some.. Of my current ones, then with the cash freed up from that, buy some of a different fund? Then another time, sell a bit more, put them into a different fund?
What about the payments going in every month from my work? Will that continue to go into the default? Or when I buy a new one, will it give me the option of continuing investing in that fund with the payments every month? If that makes sense?
Thanks

NannaH

From memory - Sell however much of a fund as you want.  Set up new fund to receive the proceeds and monthly contributions. 

Polly05

Thanks! I will try it when I have time, this week. 

ShowMeTheDough

Reviving an old thread here, apologies! 

My employer also uses Aegon/Retiready and have enrolled me on the default Aegon pension fund, which I want to switch to a particular Vanguard index fund.

Within the 'fund research' section of the website, plenty of Vanguard funds are available (including the one I want) but when I proceed through the 'sell your funds' option, none of them seem to be there.

Does anyone have any ideas before I contact Aegon next week? 

Thanks in advance.