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.

How much will a Standard Life Stakeholder Pension Plan cost?

The cost for our Stakeholder Pension Plans depends on the investment option you choose as well as how much you decide to pay in each month or year.

You can open a Stakeholder Pension Plan with us from just £16 a month. HRMC will top this up to £20. If you’re an additional or higher-rate taxpayer, you can contact HMRC to claim for the extra tax relief.

Stakeholder Pension Plan charges

The amount you pay for your Stakeholder Pension Plan is based on the investments you choose. Each fund has an annual management charge (AMC) which covers the cost of running the fund.

The AMC is deducted from each fund on a daily basis, which has the effect of reducing its unit price. Sometimes this gets called the fund management charge (FMC).

With the Stakeholder Pension Plan all of the funds you can choose from have an AMC of 1%. This means that you will be charged 1% of the money invested in funds each year.

The government sets a maximum charge that can apply to Stakeholder pension plans. It’s currently 1.5% each year for the first 10 years and then 1% each year after that. The government could change these limits in the future.


If the amount of money in your pension plan is over £25,000 then we will pay money into your plan as a discount to the fund 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 you have in your pension Yearly discount rate
Under £25,000 None
£25,000 - £49,999 0.1%
£50,000+ 0.2%

Important Information

You can find out more information on the Stakeholder Pension Plan by reading the documents below. They can also help you understand your investment options.

Stakeholder Pension Plan key features (205KB)

How to choose the right investment options for your pension plan (2.5MB)

Stakeholder Universal Strategic Lifestyle Profile (255KB)


Already with us?

You can log in to look at the funds the money in your pension plan is invested in, and make changes to your plan at any time.

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Pension content

We can help you learn more about our different pension options and tell you some key things you need to know about putting money away for the future in a tax efficient way.