We believe in fair and transparent fees that help maximise your retirement pot, while also ensuring the best possible service.
Our fee structure is very transparent:
Flat Fee
An annual flat fee of £25, equivalent to £2.08 per month, is charged. This fee will not be applied if it would reduce the pension pot’s value to below £100.
Annual Management Charge
0.11% of value of pension, charged every year.
Fund Charge
An annual charge by the fund manager actively managing your pension – the standard one is 0.29% of the value of your pension.
Set-up, Transfer and Exit fees: £0
At Collegia, we offer free setup and transfer of your various pensions to our service. The only fee you may incur is a pro-rata charge of the flat fee for the remaining portion of the year if you choose to close your account and transfer your pension to another provider.
Pension pot our fees vs 0.75% AMC
Our fees reduce the drag on performance of yearly fees. They were designed to match the retirement investing horizon.
This projection is not an indicator of future performance.
Our fees are very competitive
Investment fees are notoriously difficult to understand. To simplify things, there is a measure called ongoing fees – how much on average the total fees charged represent of the value of your pension. We use Fee QuickCheck, the free and independent services that collects data from 100 investment managers to compare our fees.
The table compares our fees with competitors’ based on investing under the same conditions as in the scenarios above.
