With the Moneybox Pension, you will pay an annual Service Fee. For the Moneybox funds, we charge a 0.15% Service fee, capped at £150 per calendar year, and the fund fee is 0.29%.
For investments in all other funds, the Service Fees are:
0.45% per year of the value of your Moneybox Pension on the first £100,000
0.15% per year of the value of your Moneybox Pension on the balance above £100,000
The Pension Charge is calculated daily and charged at the end of each month on the value of the investments held in your Moneybox Pension.
You’ll also be charged the fund provider fee, which varies based on the fund (or funds) you choose. You can see the fees associated with each fund in the app.