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US citizens in the UK · Institutions

Which Aegon UK accounts accept US citizens

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Aegon UK has no pension you can open yourself, whatever your nationality.

At a glance

Account type Verdict Accounts Updated
SIPPs Not offered —

SIPPs

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Not offered
Updated

Two reasons this does not work. Aegon has no personal pension you can open yourself since Retiready closed to new business in December 2023, and what remains is adviser sold. Its SIPP key features then bar you anyway, saying you cannot apply if you are a US citizen or US taxpayer.

No pension a retail customer can open directly · adviser only

Source: Aegon SIPP key features and individual savings pages, 2026-08-17 Aegon UK's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

SIPP US tax

The US Treasury reads the treaty as leaving UK SIPP growth untaxed until drawn; the treaty's wording is narrower. Contributions, growth and drawdown explained.

 Tax

US-UK tax treaty

The US-UK treaty stops most double taxation, but the saving clause lets the US tax its citizens almost as if it were not there. What survives the clause.

 Tax

Form 3520

A UK pension held in trust can be a foreign trust to the IRS. Rev. Proc. 2020-17 exempts qualifying retirement trusts from Forms 3520 and 3520-A, on conditions.