The auto-enrolment solution for Northern Ireland

How much does it cost?

Workers Pension Trust is run on a not-for-profit basis, however, the Scheme needs to cover the costs of managing the pension fund. 

Contribution charge

A contribution charge is deducted on each contribution going into the pension fund. This is 1.8%. For example: £20 is added to the fund each month. The contribution charge would then be £0.36 per month or a total of £4.32 per year.

Annual Management Charge (AMC)

An AMC is deducted off the value of the pension fund each year. This is 0.3%. For example: If the fund is worth £4,800 this means that the AMC for that year would be £14.40.

Investment Switching charges

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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