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Standard
Charges

Cheviot is a not for profit organisation so it looks to cover its costs rather than make a profit from looking after your pension both before and after retirement.

The current charges are shown below and include:

Governance

Trustees looking after your interests

Investment Strategy

Regular reviews so you don’t have to

Administration

Record keeping, including collecting and investing contributions promptly and accurately, providing support when you leave your employer or retire

Communications

Telephone support
Annual Benefit statements and Report to Member
Website

Investment Option Charge
Growth 0.75% of your fund each year
Moderate 0.75% of your fund each year
Cautious 0.75% of your fund each year
Retirement Planning 0.7% of your fund each year
Cash 0.3% of your fund each year
Pension Protection 0.6% of your fund each year

All charges are deducted from the unit prices which are calculated daily. The Trustees regularly undertake value for money reviews.


The information on this page is provided in good faith but is not legal or financial advice or binding on the Trustee. The trust deed and rules will override in the event of any inconsistency.

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