Nearly 900 customers stuck between Aegon and PensionBee

Longest transfer took seven months

Hannah Godfrey
clock • 1 min read

Some 864 customers are stuck transferring their pension from Aegon to PensionBee, according to a live 'transfer tracker' set up by PensionBee.

According to the tracker, assets under management caught up in the process total about £18m, and the average pot size is £21,000. PensionBee told Professional Adviser the longest ongoing transfer time to move a pension from Aegon to PensionBee is 211 days - or around seven months. The transfer in question had a value of just £206. So far, the longest transfer that has successfully completed is 176 days, or nearly six months. PensionBee's tracker will update each morning with new figures detailing the number of individuals caught up in the pension transfer process between the two fi...

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