The employer set-up charge is £500 plus VAT.

There’s a reduced charge of £300 plus VAT for those who sign up to The People’s Pension using a business adviser, financial adviser or through a federation. There’s no ongoing charges for employers, so no monthly or annual charge for employers to pay.

The one-off set-up charge covers all the ongoing support businesses receive from us. This means we can continue to maintain high standards of service and support for new and existing customers. It also means we can maintain our low 0.5% annual management charge for members.