Our group personal pension scheme that helps employers to reward all members of their workforce.
Here are some of the features of our Designer Pension plan.

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

  • Each Designer Pension Scheme is priced on it's own merits. The minimum scheme premium is £75k p.a..
  • Employees can access over 40 Aviva managed funds, as well as over 200 funds offered by over 30 different investment management companies.Employees can chose from three Lifestyling Strategies.
Here are the commission and charges for our Designer Pension plan. View the Commission and Charges for our Designer Pension Plan (pdf)

 

 		 Type of charge Detail Notes
Charges
 		 Annual Fund Charge Varies This is taken as a percentage of the fund value each year.

 

Additional

Yearly Charge

 Up to 1.70% This charge may apply for some of the funds available.

 

Fund manager expense charge

 Up to 0.95% This charge may apply for some of the funds available.

Performance charge

 Varies For some of the funds available, a performance fee may be charged when the fund performs better than its benchmark.

Active Member Discount

 		 Varies Employees benefit from a lower scheme charge (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

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

 Designed for Employers who Not designed for Employers who 
  • Have twenty or more employees.
  • 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 offer employees access to a wide investment choice.
  • Want to make payments via a group billing facility.
  • Do not wish to make payments on behalf of employees.
  • Want to limit the annual charge employees pay to 1% or less.
  • Never want to risk their employees' investment falling in value. The value of your employees' pension fund can go down as well as up and is not guaranteed. The value of their fund may be worth less than the amount paid in. 
 Key considerations  Possible alternatives
  • Current income levels.
  • Existing pension arrangements.
  • Target level of disposable income in retirement.
  • Anticipated retirement date.
  • Required range of fund choices.
  • 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 Pension plan.

Secure services 


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

 

Salary Exchange Calculators

 

Our Salary Exchange Calculators offers a way to set up pension contributions that can allow both employers and their employees to make a saving. 
 

Contact us

 

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

 

WA04056 07/2011

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