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How is our individual stakeholder plan different to the Futureproof Individual Pension Plan?
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The maximum management charge is 1.5% a year for the first 10 years.
Thereafter, the maximum charge is 1% a year.
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So, what are the other features?
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You can increase your regular contributions by as little as a £1.00 a month.
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If you currently pay by direct debit you can arrange for your contributions to increase automatically.
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You can stop, start, change or suspend your contributions at any time without charge. This may affect the value of your fund when you take your benefits.
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You can make a single contribution at any time from just £20.00.
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You can add transfer monies from the pension scheme of another provider at any time. The minimum single transfer we will accept is £20.00.
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You can change your investment choices at any time. We offer a wide range of investments linked to the performance of stocks and shares, property, gilts, bonds and cash.
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100% of your contributions is always invested in the fund.
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The value of the investment can go down as well as up as a result of market movements. You may get back less than you invested.
As a rule, you should pay as much as you can afford into a pension, and the sooner you start the better.
For more information about this plan, please speak to your financial adviser.
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Important note |
This information is based on our understanding of UK law and HM Revenue & Customs practice. These are subject to change in the future.
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