What are the charges for Jarvis members?
Jarvis applies two key charges to ensure a fair and transparent cost structure for its members:
Member Contribution Charge: 1.5% (applies to employer contributions only).
Member Annual Management Charge: 0.50% (includes portfolio costs).
Why has Jarvis adopted this fee structure?
At Jarvis, we are committed to providing fair value and good consumer outcomes. Our pricing model is designed to:
Reduce long-term pension costs for members.
Balance upfront and ongoing fees for sustainability.
Maintain transparency, making it easy for members to understand costs.
How does this benefit members?
This structure ensures that all members receive a proportionate and fair cost for the services provided, aligning with FCA Consumer Duty guidelines on Fair Value and Good Outcomes.
If you have any further questions about our fees, feel free to contact our support team.