Pensions Trust outlines AE charging structure

The Pensions Trust has today outlined its charging structure for its auto-enrolment offering, Smarter Pensions, which is set to launch on 4 March.

The third sector occupational pension provider has set the annual management charge (AMC) across most of its fund range at 0.45 per cent.

Smarter Pensions flexible retirement plan (FRP), CARE scheme DC structure, Growth Plan 4, and Social Housing Pensions Scheme DC structure all have annual management charges of 0.45 per cent. Its Ethical Fund has an annual management charge of 0.60 per cent.

As part of the Smarter Pensions package, a live online service will be in operation 24 hours a day providing fund values, benefit statements, fund balances, contribution level information and allow members to review the effects of the changing retirement landscape.

The Pensions Trust chief executive Stephen Nichols said: “Preparing your organisation for auto-enrolment can seem a daunting task, but at the Pensions Trust we are dedicated to offering all the help and support possible to guide our employers through the necessary steps to help make the process as painless as possible. Our online service will give members and employers access to all the tools they need to make auto-enrolment work for them in the simplest and easiest possible way.”

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