Our group personal pension scheme that makes it possible for all employees to pay into a pension plan.
Here are some of the features of our Designer Stakeholder Pension plan.

Here are some of the facts you need to know about our Designer Stakeholder Pension plan.

  • Each Designer Stakeholder Scheme is priced on its own merits. The minimum scheme premium is £75k a year.
  • Employees can access over 55 funds.
  • Employees can choose from three Lifestyling Strategies.
Here are the charges and commission options for our Designer Stakeholder Pension plan.

 

 		 Type of charge Detail Notes
Annual Fund Charge (pdf)  Annual Fund Charge  1% max  This is taken as a percentage of the fund value each year. The monthly charge is 1/12% of the fund value.
Additional Yearly Charge 0.75% max This charge may apply for some of the funds available.
Active Member Discount varies Employees benefit from a lower Annual Fund Charge  whilst being an active member of the scheme.


There are a wide range of commission options:

 

Annual Premium (plus renewal)

Level

LAUTRO (plus renewal)

Fund Based

 

Not all funds which have an Additional Yearly Charge will be available to all plans as the overall price cap on the Aviva Stakeholder Pension plan can't exceed 1%

Here is some information to help you to decide if our Designer Stakeholder Pension plan is right for your client.

 Designed for employers who Not designed for employers who 
    • Have twenty or more employees.
    • Want to limit the annual charge employees pay to 1% or less.
    • Want to offer employees access to a company pension scheme.
    • Want to offer employees a tax efficient way to invest for their retirement.
    • Want to make payments on behalf of employees.
    • Want to make payments via a group billing facility.
    • Do not wish to make payments on behalf of employees.
  • Want to offer employees a wide investment choice.

  • Never want to risk their employees' investment falling in value. As this is a long term investment, the value of the employees pension fund can go down as well as up, and what the employees get back is not guaranteed. The value of their fund may be worth less than the amount paid in. 
 Key considerations  Possible alternatives
  • Existing pension scheme arrangements.
  • Required range of fund choices.
  • Current income levels
  • Target level of disposable income in retirement.
  • Anticipated retirement date.
  • The future basis and rates of tax may vary. The tax relief available will depend on the employees' personal circumstances.
  • Stakeholder Pension.
  • Other forms of non-pension investment.
 
Here are some examples of the support we offer you and your client on our Designer Stakeholder Pension.

Secure services


You can get an illustration for our Designer Stakeholder Pension, retrieve an existing illustration and make scheme enquiries online through our Secure Services.

 

Support for you

 

We have a wide range of support staff available to help you. View our contact details to find that right number that meets your needs.

 

WA04057 11/2011

Related documents

For Adviser use only. This information has not been approved for use with customers.

Aviva Life Services UK Limited.
Registered in England No 2403746. 2 Rougier Street, York, YO90 1UU.
Aviva Life Services UK Limited is authorised and regulated by the Financial Services Authority. FSA Registration No 145452
www.aviva.co.uk