About The People's Pension

Are there any ongoing charges for the employer other than the set-up charge?

No, all services provided are included within the set-up charge.  

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Do you offer death-in-service cover?

We offer the Employer Life Cover (ELC) scheme – please note this is only available to construction employers. ELC provides …

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Employer charges – who will this affect?

The one-off set-up charge only applies to employers who started sign-up after 23 November 2015 with a staging date of …

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How does an employer pay the initial one-off set-up charge?

An employer pays the one-off set-up charge by Direct Debit, debit card or credit card on our website during the …

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How much do you charge employers who sign up to The People’s Pension?

The employer set-up charge is £500 plus VAT. There’s a reduced charge of £300 plus VAT for those who sign …

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How will Brexit affect my pension savings?

The UK has now left the European Union. Brexit has not had major impacts on occupational pension schemes like The …

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I already have a company in your scheme and want to add another. Will I be charged?

No. Existing employer customers adding new subsidiary companies to the scheme won’t be charged the set-up fee, and neither will …

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I’m an adviser. Will I be charged to sign up my employer clients?

No. The one-off set-up charge will be levied on the employer during the set-up process. In recognition of the value …

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Is there a conflict between what intermediaries and advisers provide for their employer clients and what The People’s Pension offers them?

We don’t think so. Intermediaries and advisers (i.e. financial advisers or business adviser such as an accountant, bookkeeper or payroll …

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What are my employees being charged?

There is an annual management charge made up of 3 elements: a management charge of 0.5% of the value of …

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