Stakeholder Pensions

Cavendish Online charges a one-off fee of £35.00 for setting up your Stakeholder Pension.

Once set up, the only charge applied to your Stakeholder Pension scheme is the Annual Management Charge (AMC). The saving Cavendish Online offers on each pension company’s usual AMC can be seen in the table below — click on individual companies for details.

To apply for a Stakeholder Pension you will need to post us the following:

1. The completed Application Form for your chosen provider.
2. A cheque for your contribution and/ or direct debit mandate form(s), made payable to the pension company.
3. Our Client Declaration form.
4. Money Laundering Verification Documents. Please supply certified copies or originals of your Passport or Driving Licence AND a recent utility bill or bank statement showing your address (not a mobile phone bill).
5. If your employer pays into your pension, we require a letter from the company on headed paper stating that they are paying into your plan and listing the main signatories/directors. We also require proof of the company address, e.g. a recent utility bill.
6. Our £35.00 fee (cheque made payable to Cavendish Online or pay online here).
   £40 if you would like your ID documents returned via registered post.

Please click on each company for further information and their Application Form. Please contact us if you have a question about a provider not listed.