Pension Basics

How much should I expect to pay in fees?

Fees are important because they reduce the performance of your pension, and over the long term even small differences in fees can have a big impact on money you end up with. The funds used for auto-enrolment can charge at most 0.75%, though other funds that you can choose from in your pension may charge more.

You should carefully compare the fees charged on any old pensions with other pensions available – where cheaper options are available, you may want to switch.

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It's important you know

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest.

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