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Cavendish online invalidated?
ender4
Posts: 168 Forumite
Years ago I opened a stakeholder pension with Aviva through Cavendish Online, paying their one-off £35 which means that i wouldn't have to pay the ongoing percentage charge. I put a one-off payment in to start the pension, and no ongoing payments.
But a couple of years ago, i put in another one-off payment.
This time i didn't take it through Cavendish, but just made a direct payment to Aviva by debit card.
I have just had a thought - does this invalidate my initial set-up through Cavendish? Am i now paying annual charges again?
But a couple of years ago, i put in another one-off payment.
This time i didn't take it through Cavendish, but just made a direct payment to Aviva by debit card.
I have just had a thought - does this invalidate my initial set-up through Cavendish? Am i now paying annual charges again?
0
Comments
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Years ago I opened a stakeholder pension with Aviva through Cavendish Online, paying their one-off £35 which means that i wouldn't have to pay the ongoing percentage charge.
You still have to pay an ongoing charge. it would have been reduced as it would have been on nil-commission basis.I have just had a thought - does this invalidate my initial set-up through Cavendish?
no
It should be the same annual charge it was at the start.Am i now paying annual charges again?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.0 -
I wonder how much Cavendish are making - they must have a lot of customers for their strategy to work?0
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