We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

AVC Fund Charges Query

Options
My wife is investing in the AVC offered by Standard Life alongside the LGPS scheme.

Underlying fund is:

SL Global Equity 50:50 Pension Fund


Latest information pack states this:

"The most recent applied monthly reduction for this plan is -0.379%

The current approximate effective fund management charge is 0.621% pa"


I am taking this to mean that the ONLY deduction SL are taking from this pot is 0.621% per annum.


Am I correct?



Thanks

Comments

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
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K 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.