There is no up front cost for signing up to our service. It's only if you decide to transfer your pension to something better (and you're under no obligation to do so) that a percentage fee is taken from your pension. We'll only recommend a switch if our analysis shows that, including our fees, you'd be better off moving your pension.
What you pay is dependent upon the service you choose:
- Pension advice: Our one-off advice fee is 1.95% and is taken from your pension if you decide to transfer your pension. The fee is taken only on the first £75,000 transferred, so the maximum fee is capped at £1,462.50.
- Pension tracing: Our one-off advice fee is 2.95% and is taken if you decide to switch your pension. This fee is not in addition to 1.95% fee for pension advice. It’s 1% higher than our pension advice service due to additional administrative work tracing pensions through HMRC. The fee is taken only on the first £75,000, so the maximum fee is capped at £2,212.50.
Irrespective of which of the above fees are paid, we also offer an optional ongoing advice service which is a 0.6% annual charge taken from the pension pot value.