This means there’s nothing extra to pay and everything happens automatically.
To pay for the management and expertise we need to manage your account, we charge a small regular fee which is collected from your account each month.
An overview of our fees
Our fee is made up of two charges: an investment charge and a membership fee.
- Investment charge – The investment charge is a small percentage charge which depends on the investment choice you have made
- Membership fee – The membership fee is a flat fee which remains constant during your active membership (when you and your employer are paying in). This fee reduces if you cease to be an active member (if you stop paying in)
See a breakdown of fees for your plan
To see a breakdown of the fees that apply to your plan, check your copy of the Member Guide on the Creative Pension Trust Member Portal for more information.
Please remember that, if you have selected your own investments, your investment charge may be higher than our standard fees. You can find a full breakdown of investment charges for all investment choices in your copy of the Investment Choices Guide on the Creative Pension Trust Member Portal.
How regular fees are capped
The government imposes a maximum charge that workplace pension providers can levy for employees that are auto enrolled and leave investment decisions to their provider to manage.
Creative Pension Trust’s membership charges are significantly less than this cap and we aim to always provide you value for money, fairness and transparency. The following additional caps also apply to small savings accounts and contributions with us:
- For deferred members with savings of under £50, no monthly membership fee is charged
- For active members with savings of under £52, no monthly membership fee is charged