These quotations below compare the fund value at age 65.
We have compared the Cavendish Online (nil commission) and Standard Life Direct (full commission) plans based on a gross monthly contribution of £200 for a male commencing a pension at the age of 25, 35, 45 and 55. The assumed growth rate is 7%. We used the Standard Life stakeholder pension investing in the with profits fund for this comparison.
Age at commencement
Pension via
Fund at retirement
Benefit of using Cavendish
25
Standard Life
£612,000
25
Cavendish Online
£666,000
£48,000
35
Standard Life
£265,000
35
Cavendish online
£281,000
£16,000
45
Standard Life
£106,000
45
Cavendish Online
£110,000
£4,000
55
Standard Life
£34,600
55
Cavendish Online
£35,400
£800
Cavendish Online is a Limited Company (No. 04045709) and is authorised and regulated by the Financial Services Authority.