With the easy option Personal Pension from Standard Life Assurance Limited, experts manage your investment in a MyFolio Managed Strategic Lifestyle Profile for an overall charge.

For your overall charge, you'll get all this

  • Experts deciding where you should invest, and when
  • Experts making sure the funds in your lifestyle profile don’t take any more or less risk than they should
  • Experts aiming to produce the best possible returns for you for that level of risk
  • Your pension being automatically prepared for taking your retirement benefits
  • Online features and flexibility make it easy to manage and keep up to date

With no extra charge for:

  • Transferring other pensions
  • Setting up your pension (no initial charge)

Minimum payments

  • £100 per month – this can be £80 a month from you and £20 from the taxman
  • £1,000 single payment –  this can be £800 from you and £200 from the taxman

Choose how much you’d like to invest in your Standard Life Personal Pension

The charges for your pension are a percentage of its value. As the value changes the amount you'll be charged changes.

Select a value for your pension to see an example of your yearly charges.




Information correct as at 30/06/2020.
Charges aren't guaranteed and may change in the future. The charges reflect the most expensive fund in each of the MyFolio Managed Strategic Lifestyle Profiles – the MyFolio Managed Funds.

The above table provides estimates of the typical charges that apply over a year. The calculation assumes a static value throughout the year, and doesn’t take into account any changes of value driven by fund performance, other contributions, etc. In practice, charges will vary as the fund value varies.

When calculating the yearly charge, fund charges are applied daily. The daily charge is calculated as the daily equivalent of the yearly charge. Values are rounded up to two decimal places for display purposes.


If the value of your pension exceeds the below amounts, we’ll add money to your pension as a discount to fund charges.

Plan value less cash on depositDiscount %
Under £25,000 None
£25,000 - £249,999 0.3% a year
£250,000 - £499,999 0.4% a year
£500,000 + 0.5% a year

These discounts don’t apply to all funds. For more information have a look at our fund and charges guide.

Total fund charge

This is what we charge each year for investing in a fund. It’s made up of the annual management charge plus any additional expenses which apply.

  • Annual management charge
    A charge applies to money invested in funds to cover the costs of running them. This is known as the annual management charge (AMC) and is shown as an annual rate. However, the AMC is deducted from each fund on a daily basis, which has the effect of reducing its unit price. The AMC is also sometimes referred to as the fund management charge (FMC).
  • Additional expenses
    Additional expenses may be deducted from some funds. They include items such as custodian, third party administration, trustee, registrar, auditor and regulator fees. Where a fund invests in other underlying funds, they may also include the underlying management charges. As the additional expenses relate to expenses incurred during the fund management process, they will regularly increase and decrease as a percentage of the fund, sometimes significantly. The additional expenses figure shown is the annual rate of the charge. Where additional expenses apply, they are taken into account when the fund's unit price is calculated each day.

Overall charge

This is the total fund charge, minus any discount which applies.


These charges are not guaranteed. They are regularly reviewed and may change in the future.

Trustee cash account

We offer the facility to hold cash on deposit within the plan. We may pay an interest rate on the cash held in this account. See current interest rates.

ISA key featuresPlease read the full details of all charges, reductions to charges and terms in the

 Fund and charges guide

Remember, as with any investment, the value of your funds can go down as well as up, and may be worth less than you paid in.