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Costs and charges

What are my employees’ charges?

We charge employees a low annual management charge (AMC) of 0.5% of the fund value. This means that we charge them just …

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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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Why are you charging employers who sign up to The People’s Pension?

We know that small businesses need simple tools, phone-based support during set-up and when making contributions for the first time, …

View full answer >>

What are my employees being charged?

We charge employees a low annual management charge (AMC) of 0.5%. That’s 50 pence a year (0.5%) for every £100 of the …

View full answer >>

What annual management charge (AMC) do my employees pay?

We charge employees a low annual management charge (AMC) of 0.5%. That’s 50 pence a year (0.5%) for every £100 of the …

View full answer >>

Will existing customers of The People’s Pension be charged?

No. The one-off set-up charge only applies to employers who started sign-up on or after 23 November 2015 with a …

View full answer >>

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.  

View full answer >>

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 …

View full answer >>

Do you charge larger employers?

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

View full answer >>

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, and neither will existing customers who’ve …

View full answer >>
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Costs and charges

What are my employees’ charges?

We charge employees a low annual management charge (AMC) of 0.5% of the fund value. This means that we charge them just …

View full answer >>

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 …

View full answer >>

Why are you charging employers who sign up to The People’s Pension?

We know that small businesses need simple tools, phone-based support during set-up and when making contributions for the first time, …

View full answer >>

What are my employees being charged?

We charge employees a low annual management charge (AMC) of 0.5%. That’s 50 pence a year (0.5%) for every £100 of the …

View full answer >>

What annual management charge (AMC) do my employees pay?

We charge employees a low annual management charge (AMC) of 0.5%. That’s 50 pence a year (0.5%) for every £100 of the …

View full answer >>

Will existing customers of The People’s Pension be charged?

No. The one-off set-up charge only applies to employers who started sign-up on or after 23 November 2015 with a …

View full answer >>

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.  

View full answer >>

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 …

View full answer >>

Do you charge larger employers?

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

View full answer >>

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, and neither will existing customers who’ve …

View full answer >>