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Designer Stakeholder Pension

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

  • Ideal for employees who want to make payments starting from only £20 a month.
  • Employees can stop, start or change payments as often as they like to suit their circumstances.
  • Employers can offer all their employees the opportunity to pay into a pension in one easy-to-administer scheme.
  • Our online Pension tracker makes it easy for employees to see how their pension is progressing and helps them to estimate what their future retirement income might be.
  • For further information please see our Key features document.
Each Designer Stakeholder Pension plan is priced on an individual basis and each case is assessed on its individual merits. The minimum scheme premium is £30k.

Here are the commission and charges for our Designer Stakeholder Pension plan.

 

Type of chargeDetailNotes
ChargesAnnual fund charge 1% max This is taken as a percentage of the fund on a monthly basis. The monthly charge is 1/12% of the fund value.
Additional Yearly Charge0.25% maxThis charge may apply for some of the funds available.

Not all funds which have an AYC will be available to all plans as the overall price cap on the Aviva Stakeholder Pension plan will not exceed 1%
Here is some information to help you to decide if our Designer Stakeholder Pension plan is right for your client.

 Designed for employees who Not designed for employees who
  • Want to start a pension with a small amount
  • Want to pay 1% or less of their fund’s value in charges each year
  • Want the flexibility to stop, start or change their payments as often as they like with no penalties
  • Want tax relief on their pension payments
  • The future basis and rates of tax may vary. The tax relief available will depend on your clients personal circumstances.
  • Are a permanent UK resident
  • Want a wide choice of funds to invest in that’s not restricted by the level of charges made
  • Are looking for maximum flexibility with their options at retirement, such as the ability to take pension fund withdrawals while continuing to invest their fund
  • May need to access their money before retirement
  • Never want to risk their investment falling in value. As this is a long-term investment, the value of their pension fund can go down as well as up and what they get back is not guaranteed
 Key considerations Possible alternatives
  • Existing pension scheme arrangements
  • Required range of fund choices
  • Attitude to risk.
  • Designer Pension
  • Income Drawdown
  • Other forms of non-pension savings and investments.
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.

 

Pension tracker


Our online Pension tracker is a great way for employees to monitor the progress of their pension plan more easily. They can access detailed plan information and a range of easy-to-use tools to help them see what their pension could be worth at retirement.

 

Budget planner and Pension calculator


Our Budget planner and Pension calculator can help you work out with your clients’ employees how much they can afford to pay into their plan.

 

Support for you

 

We have a wide range of support staff available to help you, click here to find that right number that meets your needs

 

WA04057 03/2010

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.