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Understanding platform fees

1 min read

Summary

  • The fee percentage covers total annual platform and fund charges, deducted from each account's value annually.
  • Even small fee differences compound significantly over a multi-decade plan.
  • The dashboard shows total fees paid across all accounts over the plan's lifetime.

How fees are applied

The fee percentage represents your total annual platform and fund charges (e.g. 0.6% for a typical workplace pension). Fees are deducted from each account's value annually. The dashboard shows total fees paid across all accounts over the plan's lifetime — explore the fee slider to see how even small differences compound over decades.

Frequently asked questions

What's a typical fee percentage?
Around 0.6% for a typical workplace pension, though this varies by provider and fund choice.
Where can I see total fees paid?
The dashboard shows total fees paid across all accounts over the plan's lifetime. Try the fee slider to see how small differences compound over decades.

More in Accounts & Portfolios

Adding and editing accountsSupported account typesSetting your portfolio allocationHow to model account contribution phases
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