From Q2 2025, we are introducing a new, transparent fee structure that benefits both employers and employees. This update simplifies costs, ensures fairness across all pension pots, and reduces administrative complexity for businesses.

Charges:

Employer support charge (monthly) - None
​Member contribution charge - 1.40%
​Member annual management charge - 0.40%
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​Scenario 1: Employee with £10,000 in their pension pot,
contributing £1,000 annually
​

Employer support charge (monthly) - £0
​Member contribution charge - £15 (1.5% of £1,000)
​Member annual management charge - £50 (0.5% of £10,000)
​

Lower costs for employees with smaller pots, reducing fees as they save.
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