LV= Smoothed Managed Funds Pension charges

Understanding your LV= Smoothed Pension charges

Overview

Your LV= Smoothed Managed Funds Pension Charges

Plant, toy, and a piggy bank
Funds - Annual Management Charge

The Annual Management Charge (AMC) is 0.9% of the funds' value across all of our fund options. The charge is taken monthly as 1/12 of the annual charge by cancelling units.

  • LV= Smoothed Managed Cautious Fund 
  • LV= Smoothed Managed Balanced Fund
  • LV= Smoothed Managed Growth Fund

 

Guarantee - Annual Terms and Charges

A guarantee is bought at an extra monthly cost and will be fully explained in your policy documents. 

  • 10-year term Guarantee Charge on the LV= Smoothed Managed Cautious Fund - 1.0%

All charges are regularly reviewed and may change from time to time. Your financial adviser will be happy to provide details of the current terms and charges.

Fund size - Annual Management Charge discount

Depending on the size of your investment a discount will be applied to the annual charge as shown below.

 Fund value   Fund size Discount
 Up to £99,999.99  0.00%
 £100,000 to £249,999.99  0.05%
 £250,000 to £499,999.99  0.10%
 £500,000 and over  0.15%

 Fund value   Fund size Discount
 Up to £99,999.99  0.00%
 £100,000 to £249,999.99  0.05%
 £250,000 to £499,999.99  0.10%
 £500,000 and over  0.15%