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 …
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 …
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, …
What are my employees being charged?
What annual management charge (AMC) do my employees pay?
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 …
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.
Employer charges – who will this affect?
Do you charge larger employers?
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 …