Nest Pension Underlying Fund Charges

r2014

There's no evidence for tht. And if it was happening, they'd have to disclose it.

Yep, that gets to the heart of my original question. Is it disclosed somewhere but I just can't find it?

But I'm not looking for absence of evidence, I prefer to see some actual evidence.

Let me ask the question slightly differently...
Are all of those fund providers doing it for free? - No? - Ok so what are they charging and who's paying for it?

If the 0.3% covering the cost of running the whole Nest scheme also covers the underlying costs, the total cost of the underlying funds must be coming in less than 0.3% then... but it would be nice to see that somewhere.

HappyHarry

r2014 said:

There's no evidence for tht. And if it was happening, they'd have to disclose it.

Yep, that gets to the heart of my original question. Is it disclosed somewhere but I just can't find it?

But I'm not looking for absence of evidence, I prefer to see some actual evidence.

Let me ask the question slightly differently...
Are all of those fund providers doing it for free? - No? - Ok so what are they charging and who's paying for it?

If the 0.3% covering the cost of running the whole Nest scheme also covers the underlying costs, the total cost of the underlying funds must be coming in less than 0.3% then... but it would be nice to see that somewhere.

Does it matter what the underlying fund fees are? As long as you know you are paying 0.3% in total?
As you can only buy these funds with a NEST pension, and a NEST pension can only hold these funds, how the 0.3% is split is not terribly relevant. 

Ant1123456789

r2014 said:

There's no evidence for tht. And if it was happening, they'd have to disclose it.

Yep, that gets to the heart of my original question. Is it disclosed somewhere but I just can't find it?

But I'm not looking for absence of evidence, I prefer to see some actual evidence.

Let me ask the question slightly differently...
Are all of those fund providers doing it for free? - No? - Ok so what are they charging and who's paying for it?

If the 0.3% covering the cost of running the whole Nest scheme also covers the underlying costs, the total cost of the underlying funds must be coming in less than 0.3% then... but it would be nice to see that somewhere.

Did you get a definite answer?  I haven’t been here long enough to post links but if you do a search for “nest reveal fund manager fees” there is an article in money manager which states that fund manager fees come from the annual management fee (rather than a percentage of your fund value).

dunstonh

Ant1123456789 said:

r2014 said:

There's no evidence for tht. And if it was happening, they'd have to disclose it.

Yep, that gets to the heart of my original question. Is it disclosed somewhere but I just can't find it?

But I'm not looking for absence of evidence, I prefer to see some actual evidence.

Let me ask the question slightly differently...
Are all of those fund providers doing it for free? - No? - Ok so what are they charging and who's paying for it?

If the 0.3% covering the cost of running the whole Nest scheme also covers the underlying costs, the total cost of the underlying funds must be coming in less than 0.3% then... but it would be nice to see that somewhere.

Did you get a definite answer?  I haven’t been here long enough to post links but if you do a search for “nest reveal fund manager fees” there is an article in money manager which states that fund manager fees come from the annual management fee (rather than a percentage of your fund value).

The annual management fee is a percentage of your fund value.  The administration for the funds comes out of that.    Just like every other bundled pricing product out there.