Ready-made pension charges

We're committed to transparent and fair charges that offer you excellent value, and are among the lowest in the market.

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  • No charges for investing in your chosen fund

When you invest in one of the AJ Bell funds through our Ready-made pension, you’ll pay one all-in charge (also known as the OCF – Ongoing Charges Figure). The all-in charge comes directly out of the fund itself – this means you don’t need to hold cash in your Ready-made pension to pay the charge.

Growth funds

All-in charge: 0.45% per year
This applies to the Cautious, Balanced and Adventurous funds

Responsible Growth fund

All-in charge: 0.60% per year

Example of how we calculate your all-in charge

Meet Kim

Kim has a Ready-made pension and is invested in the AJ Bell Balanced Fund. The value of the fund is £10,000. Below you can see the all-in charge that Kim would pay.

All-in charge:

£3.75 per month*(£45.00 per year)
Fund value: £10,000
Calculation: 0.45% x £10,000 / 12
*This is only an example of the all-in charge. Your actual charge will depend on the exact value of your AJ Bell fund, which will vary due to market fluctuation and growth.

Meet James

James has a Ready-made pension and is invested in the AJ Bell Responsible Growth Fund. The value of the fund is £10,000. Below you can see the all-in charge that James would pay.

All-in charge:

£5.00 per month*(£60.00 per year)
Fund value: £10,000
Calculation: 0.60% x £10,000 / 12
*This is only an example of the all-in charge. Your actual charge will depend on the exact value of your AJ Bell fund, which will vary due to market fluctuation and growth.

Important to know about your choice of fund

You can learn more by reading the AJ Bell fund’s key investor information document.

AJ Bell Cautious fund

AJ Bell Balanced fund

AJ Bell Adventurous fund

AJ Bell Responsible Growth fund

Other charges

  • Switch your investment into a different fund
    No charge
  • Transfer pension to another provider
    No charge

Download this content as a PDF. These charges are effective from 24 Jan 2024.

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Frequently asked questions

  • How do I pay the all-in charge for my chosen AJ Bell fund?

    The all-in charge, sometimes known as the OCF – or Ongoing Charges Figure – comes directly out of the fund itself, i.e. it isn’t taken from cash in your Ready-made pension.

    You therefore don’t need to hold cash in your account to pay the charge.

    The annual all-in charges that apply for each fund are:

    • AJ Bell Cautious fund – 0.45%
    • AJ Bell Balanced fund – 0.45%
    • AJ Bell Adventurous fund – 0.45%
    • AJ Bell Responsible Growth fund – 0.60%

  • Are there any dealing or account charges applied to my Ready-made pension?

    There aren’t any dealing or account charges to pay for buying, selling or holding your chosen AJ Bell fund in your Ready-made pension.

    You only have one annual all-in charge to pay for holding the fund, which is 0.45% for the Growth funds and 0.60% for the Responsible Growth fund.

  • Do you pay interest on cash in my Ready-made pension?

    As any cash added to your account (from a payment you make, a tax reclaim or a transfer in) will be automatically invested in your chosen AJ Bell fund, usually within one working day of being received, we don’t pay any interest on cash, awaiting investment, in your Ready-made pension.

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