No hidden charges

  • No exit fees
  • No charge to switch investments
  • No charge to take money out
  • No charge to transfer in (your old provider may charge an exit fee)

How our charges work

You can choose from over 300 investment options, so the exact charge you pay will depend on the investments you choose.

Our discount is applied the same way and is based on how much you invest:

  • Up to £25,000 – you'll get a 0.30% discount
  • Over £25,000 – you'll get a 0.50% discount

See the full fund list for individual charges for each investment option, and for more detail on how charges are calculated and applied read our Costs and Charges page.

  Figures correct as at 3 June 2024 (unless otherwise stated). Charges aren't guaranteed and can change in the future.

Example: What you'll pay with our ready-made option

Our ready-made option is designed with most pension savers in mind. 

The effective charge you'll pay is:

  • 0.70% a year if your pension is less than £25,000
  • 0.50% a year if your pension is more than £25,000

This is the Total Annual Fund Charge minus discounts. The charges shown are for the most expensive fund within this investment option - so you may pay less.

Estimate your charge

Pension plan value:



£1 £25,000 £100,000

Your estimated effective total annual charge


This figure is for illustrative purpose only

More about our Personal Pension