Abundance Pension fees

As with all personal pensions, there are fees chargeable on the Abundance Pension.

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.

ElementFees applicable
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 feeEach transfer will be subject to a charge of £75 plus VAT.
Transfer out feeWhere 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.

* The Abundance Pension is a self-invested personal pension (SIPP) provided by Gaudi Regulated Services Limited (Gaudi), who are authorised and regulated by the FCA (488015). Setting up an Abundance Pension involves entering into a SIPP contract with Gaudi to hold Abundance investments. Abundance is not a direct pension provider and cannot give pension advice.

As with any investment product there are risks. Part or all of your original invested capital may be at risk and any return on your investment depends on the success of the project invested in. You should be prepared to hold Abundance investments for their full term (and many will have terms of more than 15 years). Abundance investments may not be readily realisable (and their value can rise or fall). They may be secured or unsecured, and where they are secured this does not ensure repayment. Estimated rates of return can be variable and estimates are no guarantee of actual return. Specific risks will apply in relation to each product. Consider all risks before investing and read the Offer Document for each investment.