What are my employees’ charges?

We charge employees a low management charge of 0.5% each year (well below the industry charge cap of 0.75%). That’s 50 pence a year (0.5%) for every £100 of the value of their account.

Your employees will also typically receive a rebate on their management charge once they have over £6,000 in their pension pot.

The management charge is reflected in the unit price of the fund they’re invested in.

The management charge less the rebate covers the cost of investing your employees’ pension savings and running The People’s Pension.

Find out more about our member management charge and rebate

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