Cavendish fee changes

MoneySavingUser

Just had this email:

https://www.cavendishonline.co.uk/pensions/pension-platform-charges-lowered

PENSION CHARGE REDUCED

Our pension has proved to be extremely popular and we are now making this even more attractive by lowering the platform charge.
This has now been reduced from 0.30% to 0.25%, bringing it in line with the platform charge on our ISA, Junior ISA and Investment accounts.



For ALL ACCOUNTS (ISA,Pension etc.)


over £200,000


a further reduction to 0.20%

Still expensive for larger funds when there are some fixed fee offerings - think I need to recap myself on the different options!

Sue58

MoneySavingUser wrote: »

Just had this email:

https://www.cavendishonline.co.uk/pensions/pension-platform-charges-lowered

Still expensive for larger funds when there are some fixed fee offerings - think I need to recap myself on the different options!

The Cavendish rate of 0.2% for investments over £200K sounds very reasonable compared to HL (0.45%), Fidelity (0,35%) and BestInvest (0.30%)!

However, does anyone know if you transfer your pension, is it to a SIPP with Cavendish because they seem to call it a FundSupermarket pension?

Cash-Cows

Sue58 wrote: »

The Cavendish rate of 0.2% for investments over £200K sounds very reasonable compared to HL (0.45%), Fidelity (0,35%) and BestInvest (0.30%)!

However, does anyone know if you transfer your pension, is it to a SIPP with Cavendish because they seem to call it a FundSupermarket pension?

It sits on fundsnetwork. In fact when I set up my Cav pension I also had an account with fundsnetwork. I logged into fundsnetwork and there was my pension!