Initial Set Up Charge
A ‘one of’ fee may be charged for advising on and setting up your Plan. We will inform you of any charge and the amount before setting up your plan.
Ongoing Administration Fees
The Administration Fee contributes towards the cost of maintaining your Plan, reconciling and uploading your contributions as well as investment and financial advice.
We will deduct the administration charge directly from single or regular contributions prior to funds being invested in your Plan.
Total Annual Charges
The Total Annual Charges represents the cost of investing in the Plan and varies depending on the underlying investment fund selected.
Please refer to the Members Guide & Key Features for further details
Claiming Pension Benefits
At the time you elect to access your pension fund i.e. tax free lump sum and/or income in retirement an administration and advisory fee may apply, please refer to Rossborough Financial for further information.
If you elect to transfer your benefits to another approved pension arrangement a termination fee may apply.