Annual management charge (AMC) projection calculator

Discover how the rebate on the management charge reduces the overall AMC over time so that members are rewarded as they save.

See how the average AMC reduces at a member level over time as pension savings grow

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After 1 year After 3 years After 5 years After 10 years
 Average AMC 0.52% 0.47% 0.43% 0.36%
Annual charge 0.05531% 0.03076% 0.02051% 0.01014%
Management charge 0.5% 0.5% 0.5% 0.5%
Estimated rebate 0.03% 0.06% 0.09% 0.15%
Average AMC
After 1
Years
0.52%
Charge breakdown
Annual charge 0.05531%
Management charge 0.5%
Rebate on Management charge 0.5%
After 3
Years
0.47%
Charge breakdown
Annual charge 0.03076%
Management charge 0.5%
Rebate on Management charge 0.5%
After 5
Years
0.43%
Charge breakdown
Annual charge 0.02051%
Management charge 0.5%
Rebate on Management charge 0.5%
After 10
Years
0.36%
Charge breakdown
Annual charge 0.01014%
Management charge 0.5%
Rebate on Management charge 0.5%
When calculating these projections, we’ve used the following assumptions:
  • General level of contribution is expected to remain static with the exception of an uplift in contributions of 2.5% per annum representing inflationary increases.
  • Investment growth is aligned to the default ‘balanced’ investment profile which currently has an estimated growth rate of 4% each year.
  • Total number of employees is on a full time equivalent basis.
  • Number of employees contributing to the Scheme will remain the same.
  • The first annual charge is taken after 6 months.
  • The transfer in value is calculated from month 1.
Points to note
  • The average estimated rebate on the management charge will be calculated based on the existing fund value for the current year and then the total projected funds under management in the final month of the future periods ie year 1 – month 12, year 3 – month 36 etc.
  • The calculation is based on the change to our AMC announced on 1 April 2020.
  • No additional voluntary contributions or personal transfers made by the member themselves have been taken into consideration.
  • Results from this calculator are not guaranteed, are for illustrative purposes and should only be used as a guide.
  • These results are an indication of the equivalent AMC your company may collectively receive. It doesn’t reflect the actual AMC that each individual member is subject to.

Whats next?

Get in touch if you’re interested in joining The People’s Pension or want to find out more about our charge. You can also
have this projection emailed to yourself for reference.

For more information go to our member AMC page.