How much setting up a pension through Cavendish Online costs depends on which product you select - either a Cavendish Online FundSupermarket Pension or a Stakeholder or Personal Pension.
With regards to the Cavendish Online FundSupermarket Pension, we do not charge any set up fees and instead charge a platform fee of 0.25% per annum, comprised of a Cavendish Online Ongoing Fee of 0.05% and a FundsNetwork Service Fee of 0.20%. In addition you will pay a fund manager charge which will vary according to the fund/funds you wish to buy. Dealing charges will apply if you invest in Investment Trusts or Exchange Traded Funds (ETF's).
With regards to setting up a Stakeholder or Personal pensions, Cavendish charge a one-off set-up fee of £35 to set up the pension. If you request to transfer a pension into a Stakeholder or Personal pension we charge a one-off fee of £70, representing setting up the pension and the transfer of the old pension. There may be additional fund charges for non-standard funds, please do check the pension terms for confirmation.
Please visit our 'Fees' page for more information.