Overview
Your LV= Smoothed Managed Funds Pension Charges
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 Extra Cautious Fund
- LV= Smoothed Managed Cautious Fund
- LV= Smoothed Managed Balanced Fund
- LV= Smoothed Managed Growth Fund
- LV= Smoothed Managed Impact 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% |