Costs and charges
We're committed to being transparent when it comes to fees and charges – we don't charge you anything to join and there are no withdrawal fees
How we charge
We take care of the funds in each of your pots for a simple monthly fee
of the funds invested in this pot
pot
of the funds invested in this pot
pot
of the funds invested in this pot
pot
of the funds invested in this pot
What you pay
If you invest £100,000 in Smart Retire using the breakdown shown below, your monthly fee would be £33.75.
Amount invested
Annual fee (%)
Monthly fee (£)
Flexible income pot
Amount invested
£50,000
Monthly fee (%)
0.45%
Monthly fee (£)
£18.75
Later life pot
Amount invested
£25,000
Monthly fee (%)
0.30%
Monthly fee (£)
£6.25
Inheritance pot
Amount invested
£15,000
Monthly fee (%)
0.30%
Monthly fee (£)
£3.75
Rainy day pot
Amount invested
£10,000
Monthly fee (%)
0.30%
Monthly fee (£)
£2.50
Total fee
£33.75
What's included
We're committed to treating our customers fairly. That means there are no extra fees for managing your account
Our fees include:
Opening your Smart Retire account
Managing your investments
Withdrawing money
Transferring money between pots
Arranging death benefits, if needed
How we invest your money
We invest your money in funds managed by Legal & General.
Each fund is designed to meet a specific investment goal – whether that’s keeping up with inflation or growing your money so you have something in retirement.
Apply in three simple steps
Discover how you could combine your retirement options with Smart Retire
See how much you could get in retirement with a no-obligation illustration.
Complete our online application form.
That’s it – you can now start using Smart Retire to manage your money.
We’re here to help
Have a question about Smart Retire? Our friendly UK-based team is here to help.
Simply send us a secure message using the Contact us button at the bottom of your screen and we'll reply as soon as possible.
