LV= TIP Charges

Understanding your LV= TIP charges

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.

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Funds - Annual Management Charge

The Annual Management Charge (AMC) is 1% 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 TIP Cautious Fund 
  • LV= Smoothed Managed TIP Balanced Fund
  • LV= Smoothed Managed TIP 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 TIP 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 size*   Tiered AMC 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 size*   Tiered AMC 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%

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.

Please note that the information given on these pages should not be seen as advice to take out this product.