An AMC is deducted off the value of the pension fund each year. This will vary depending on whether members have made their own investment choices or they are leaving it to NatWest Cushon to make investment decisions for them using one of our default investment strategies.
You can find the full charges for your NatWest Cushon workplace pension in the Cushon app.
Members who have chosen the Freestyle Option are entitled to switch investments twice per annum without an administration charge. Subsequent requests within a 12 month period may incur a charge, a decision which lies with the Trustee.
The Scheme’s Board of Trustee Directors reviews the charging structure on a regular basis.
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