We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Norwich Union Personal & Stakeholder charges

I am transfer a pension to the Norwich Union

Can you let me know the Norwich Union charges for both there personal and stakeholder pension plans.

As I am waying which is the best one the transfer the old pension from another provider to. Think the transfer value is about £3K.

Comments

  • dunstonh
    dunstonh Posts: 121,147 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    NU used to have quite a good stakeholder contract but its now more expensive than their personal pension with limited fund selection.

    The PPP isnt bad but the charges on it are likely to be equal or higher than the direct investments into a hybrid/full SIPP

    NU SHP is 1.5% with fund based discounts. NU PPP varies with fund selection with fund based discounts. All SHP funds are available in the PPP which makes the SHP largely obsolete.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.6K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.