Fair and transparent charges

Your pension is made up of two charges:

1. The first is a fund management charge. This will vary depending on whether you've made your own investment choices or you are leaving it to Cushon to make investment decisions for you using one of our default investment strategies

2. The second is the Cushon platform charge, which we agree with your employer

You can find the full charges for your Cushon workplace pension in the Cushon app.

The cost of investing via Cushon is typically around 1.00% per annum, with discounts available for workplace customers.

The charges you pay are made up of two parts: the Cushon platform charge of 0.79%, plus a fund manager charge. The fund manager charges for our CushonMix ready-made portfolios are typically between 0.20% and 0.30%.

We may amend these terms from time to time by amending this page without notice. The amended terms will be effective from the date they are made available.

Here's an example of the charges for an ISA pot invested in our CushonMix medium risk/return portfolio.

All charges are shown as a percentage of your investment value and are collected monthly directly from your investment. There are no other charges. That means no minimum charge, no fixed monthly charge, no switching or trading charges, no performance fees, etc.

If you choose to hold cash then our platform charge does not apply to that cash. There is never any charge for holding cash within any of our pots.

The fund managers' charges apply on a fund-by-fund basis. The total shown here is based on the initial proportion invested in each fund. Fund managers also incur their own costs of trading which are passed on at cost: