The benefit of using Cavendish Online is that we reduce our charges to be as low as possible.
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, comprising 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).
For Stakeholder and Personal Pensions we do not take any commission and we simply charge a set-up fee of £35 to start your pension. We act as the intermediary or advisor, even though we do not offer advice.
Our service is designed for clients who have done their own research and know which pension they would like to invest in. We will happily arrange the pension although we cannot offer any financial advice. Cavendish Online is strictly an ‘execution-only’ service.
If you’re unsure about the suitability of any particular financial product you may wish to seek independent financial advice from a fee-based IFA.