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Stakeholder pension

Anyone know what the lowest annual fee available is? I currently pay 0.7% per annum for an index tracker.

Does anyone charge less without having very high monthly contributions?

Comments

  • mania112
    mania112 Posts: 1,981 Forumite
    Part of the Furniture Combo Breaker
    off the shelf that sounds about right.

    There is the possibility of cheaper charges if you contact an IFA, but the IFA will want compensating, so it depends if that option is viable to you.
  • dunstonh
    dunstonh Posts: 121,282 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Stakeholders are not geared or intended to be the cheapest. The figure is fine but remember that in pension funds, it can often be better to use managed funds as the cost benefit of trackers is not there in most cases (i.e. they cost the same whether managed or tracker).
    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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