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Norwich Union Personal & Stakeholder charges

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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: 119,645 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.
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