After your starting contribution you can contribute as little as $100 on a flexible schedule that suits your needs.
Yes, you can modify or cancel any scheduled contribution 2 or more weeks in advance.
Your Dashboard will show your saving progress. It will also show your upcoming contribution schedule.
You won’t be able to make withdrawals from your Personal Pension like you would with a savings account. In that way, it’s more like a pension. Once you begin receiving income payments, some insurance companies will offer some level of extra liquidity, which is most commonly in the form of an option to accelerate upcoming income payments.
There are no upfront or ongoing fees for the Personal Pension. All of the expenses incurred by the insurance company, including the distribution fee paid to us, are reflected in the size of the retirement paycheck they can offer. There are no future or recurring fees associated with your account.
Skipping a contribution has no effect on any income you’ve already earned. However, it will set you back relative to any goal you’ve set. If you decide to skip contributions, a member of our team can help you get back on track when you’re ready.
Yes, you can automate the schedule for your future Personal Pension contributions in your Dashboard.