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Investment Charges

At My Pension Expert, we want to be sure that you receive value for money with our investment advice service. This can only be achieved by using a fair, transparent, and easy to understand charging structure.

Why are there charges?

Throughout the process, your money is in safe hands, from experienced expert advisers, an investment platform backed
by household names, and hand-selected fund managers. The expertise involved comes at a cost, but one which is far outweighed by the potential returns of well-selected, appropriate investments.

What are the charges?

There are four charges to consider when reviewing your investments. Each charge is dependent on the amount you invest and where you choose to invest. Your independent financial adviser will explain the specific charges that apply to your choices, but an explanation of each is provided below.

Initial Advice Fee

My Pension Expert takes the initial advice fee for providing the advice and recommendation associated with your investments. This fee is a percentage based on your total fund and covers the time spent with your adviser assessing your circumstances, reviewing your options, and recommending an appropriate portfolio.

Platform Fee

Your money will be invested in your chosen portfolio through the use of an investment platform. The platform is used to manage your investments and allows you access to keep an eye on their performance, as well as make deposits and withdrawals.

Portfolio Fee

Upon a thorough check of your attitude to risk, capacity for loss and your financial objectives, your financial adviser will recommend both an investment product and fund portfolio tailored to you. Your portfolio is made up of five multi-asset funds. Experienced fund managers manage these with the aim to provide sustained growth and limit the impact of market instability.

The portfolio fee is dependent on your selected portfolio. Generally, the higher the risk, the higher the portfolio fee. This reflects the increased work involved in managing higher-risk investments.

Discretionary Fund Management Fee

As part of our service, you will pay an ongoing discretionary fund management fee. In return, you will receive year-round access to your independent financial adviser; annual reviews to ensure your investments are on track and still appropriate; quarterly newsletters; and exclusive access to content that keeps you in the know.