In addition to the setup fee there is an annual management fee, as well as a transfer fee if you transfer additional funds into your Abundance Pension from another pension provider (see full details below). These fees are charged by Gaudi Regulated Services Limited (Gaudi)* for the management of your SIPP, but Abundance will collect these fees on behalf of Gaudi from your SIPP portfolio.
For full details of all the fees that apply to the Abundance Pension — including while benefits are being drawn — please download the Abundance Pension Charging Schedule.
|Setup fee||£300 plus VAT taken on the acceptance of your plan.|
|Annual fee||£165 plus VAT taken on the acceptance of your plan and annually thereafter.|
|Transfer in fee||Each transfer will be subject to a charge of £75 plus VAT.|
|Transfer out fee||Where some or all of your fund is transferred to another provider, used to purchase an annuity or closure via FlexiAccess Drawdown a charge of £75 plus VAT will apply to your payment.|