Transparent charges

It pays big to think small

Our low, transparent fees save you money so, over time, more of your money is reinvested each year. This is known as ‘compounding’ and can have a significant impact on the value of your final pension assets.

Total transparency

We believe in acting in your best interests which is why we list exactly what we charge.​ ​​Trust is built on an honest and transparent relationship between client and advisor so we disclose in full our fees and how advisors are remunerated.

This not only improves the duty of care to clients it also improves the quality of investments and fosters investor confidence.

Our transparent charges

• Managed Portfolio Fee: 1% per annum

Plus

  • For Defined Benefit Transfers a Fee of £1,950 applies (DB Pensions only – one off charge)

How our fees compare

All pension providers and IFAs charge you a fee to manage your pension, but some will also use third parties for certain elements which also charge. Sometimes these charges are hidden in the form of commissions paid to the insurance company for managing your assets.

So, you may be charged life bond costs, investment platform fees, annual fund fees, custodian fees and ongoing advice costs on top. You could be paying 4-5% per annum in charges before any growth is achieved.

The headline annual management fee shown by some providers may not represent the total amount you’ll be charged, and other fees may be hidden from you. At Brite our fees are fair and completely transparent.