A pension is a long-term investment. Its value can go down as well as up and could be worth less than was paid in. Laws and tax rules may change in the future. Your own circumstances and where you live in the UK will also have an impact on tax treatment.

Easy option charges

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 31/12/2021.
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.


You will benefit from a discount on your charges. This is done by adding extra units to your fund(s) each month. Here’s how much of a discount you could get:

How much money you have in your pension plan Yearly discount rate
Under £250,000 0.3%
£250,000 - £499,999 0.4%
£500,000 + 0.5%

These discounts don't apply to all funds.You can find more information in our funds and charges guide:


Take a look at the    funds and charges guide (220KB).


How much do I need to pay in?

To open a Standard Life Active Money Personal Pension (AMPP) you need to make the minimum payments of £80 a month or a yearly payment of £800. Keep in mind that the taxman will pay an additional 20% on top of these amounts as tax relief.