Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to Wasron,jfgw,Rhyd6,eyeball08,Wondergirly, for Donating to support the site

NEST Charges

BarrenWuffett
2 Lemon pips
Posts: 121
Joined: November 4th, 2016, 10:31 am
Has thanked: 58 times
Been thanked: 33 times

NEST Charges

#80829

Postby BarrenWuffett » September 13th, 2017, 11:39 am

A friend was asking about the charges for joining the auto-enrolment NEST scheme. They say the charges are 0.3% but I cannot find any info to clarify whether this includes the costs of all the underlying funds. I suspect these will be in addition to the 0.3% but can anyone confirm whether this is the case.

StepOne
Lemon Slice
Posts: 669
Joined: November 4th, 2016, 9:17 am
Has thanked: 195 times
Been thanked: 186 times

Re: NEST Charges

#80848

Postby StepOne » September 13th, 2017, 1:38 pm

We use this at my work, although I'm not a member, but my understanding is that the 0.3% is the only annual charge - so it includes costs for the underlying funds. There's also the 1.8% upfront, but overall still cheap.


Return to “Pensions - Practical Problems”

Who is online

Users browsing this forum: bjmarren and 29 guests