The Cavendish Online FundSupermarket Pension offers a great range investment options at an extremely competitive cost.

The following shows the three charges you will pay:


Annual Charges


Typical Fund Manager Charge


FundsNetwork Platform Charge


Cavendish Online Ongoing Fee

Some fund managers impose a dilution levy or fund manager buy/sell charge on some of their funds, please check the fund's KIID document if you require clarification for a particular fund.

Additional fees apply to deals in Investment Trusts and Exchange Traded Products. Click here for further information.

Tracker funds start from 0.06% but the majority of funds on the platform will have a fund manager charge of 0.75% so typically the total charge on your pension will be 1.00%.
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We believe that this offers you great value condsidering you will have access to over 2,900 of the most popular funds and you will have online access to view and analyse your pension. There are no initial charges, no switching fees and no exit fees.

The FundsNetwork Platform Charge and Cavendish Online Ongoing Fee will be calculated based on all holdings within the pension (including cash balances). They will be debited from your pension cash account if there is a sufficient balance or by selling units in your largest fund holding if there is an insufficent balance in the cash account.

*This charge will decrease to 0.15% once you have over £200,000 in your FundsNetwork accounts (ie Pension, ISA etc).



The example below shows a Pension of £20,000 equally split between 4 funds:

Fund Choices Invested Fund Charge Platform Charge  Adviser Fee
Fidelity Index UK £5,000

£3.00 (0.06%)





CF Woodford Equity Income £5,000 £37.50 (0.75%)  
Blackrock Global Bond £5,000 £25.00 (0.50%)  
Jupiter European £5,000 £37.50 (0.75%)  
TOTAL £20,000 £103.00 £153.00

Therefore the total charge will be £103.00 plus the platform charge (£20,000 x 0.20% = £40) plus Cavendish Online's ongoing adviser fee (£20,000 x 0.05% = £10) which is £153 per year


  • A full range of tax benefits
    Receive tax relief on your contributions, tax-efficient growth for your investments and tax advantages when you retire.
  • Fund choice 
    Select from over 3,000 investment options from 85 providers.
    You will have access to all of the funds on the FundsNetwork platform. Please click here to view the available funds and associated charges.
  • Value for money 
    No set up or administration fees, no initial charges on funds and a service fee of just 0.25%.* 
  • Flexibility while saving 
    Start, stop, increase or decrease your monthly payments whenever you want, plus transfer in benefits from other pensions you hold.

  • Low minimum contributions
    If you wish to make a monthly contribution the minimum amount is £50 gross (£40 net).
    The minimum lump sum contribution is £1000 gross (£800 net).
    If you are transferring from another pension the minimum cash transfer amount is £10,000 whereas for an in-specie re-registration the minimum is £50,000.
  • A consolidated view 
    You will be able to see the current value of your pension alongside other investments you may hold with us.
  • Online access
    You will be able to view and analyse your pension online. you can also top up or switch funds within your pension online.
  • Pension drawdown
    For the time being it is not possible for the Cavendish Online FundSupermarket Pension to go into drawdown. Please see the FAQ section for further information.



You will have access to all of the funds on the FundsNetwork platform.

Please click here to view the available funds and associated charges or download the PDF



*This is made up of a 0.20% FundsNetwork platform charge and a 0.05% Cavendish Online ongoing fee.
The FundsNetwork platform charge reduces to 0.20% if the value of your FundSupermarket accounts (ie Pension, ISA etc) exceeds £200,000.