Overview
Your LV= TIP Charges
There are various costs involved in setting up and looking after your LV= TIP. These costs range from your initial adviser charge, administration and fund management fees - plus any other charges that your financial adviser will discuss with you.
The Annual Management Charge (AMC) is 0.80% 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.
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 TIP Cautious Fund - 0.35%
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 (including mutual bonus)* | Fund size discount |
| £0 up to £99,999.99 | 0.00% |
| £100,000 up to £149,999.99 | 0.05% |
| £150,000 up to £249,999.99 | 0.10% |
| £250,000+ | 0.15% |
| Fund value (including mutual bonus)* | Fund size discount |
| £0 up to £99,999.99 | 0.00% |
| £100,000 up to £149,999.99 | 0.05% |
| £150,000 up to £249,999.99 | 0.10% |
| £250,000+ | 0.15% |
Next Steps
Getting the most from your money
To help you get the most from your money, you can speak to a financial adviser. If you don’t have a financial adviser you can find one near to you on unbiased.co.uk or you can have a chat with one of our investment advice specialists.
