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Legal & General – Group Portfolio Plus Self-Invested Personal Pension

Legal & General

Group Portfolio Plus Self-Invested Personal Pension

Type: Group self-invested personal pension

Minimum group size: 10

Minimum investment: Lump sum £5,000, £100 a month, £1,200 a year each member

Minimum term: One year

Allocation rates: 95-100% depending on investment option and commission structure selected

Investment choice: Insured option – more than 280 insured funds from 40 fund management groups, 11 lifestyle funds, collective funds supermarket option – over 800 Oeics and unit trusts through Cofunds Self-Invested options subject to £25,000 being held in insured option excluding protected rights – option A – bespoke range of permitted investments. option B all permitted investments including commercial property

Options: Protected rights transfer, full income withdrawal, phased income withdrawal

Charges: Insured option – initial up to 5% depending on IFA commission, fund charges 0.2 per cent to 2.4 per cent a year, collective fund supermarket option annual £150, self-invested option A set-up fee £295, annual £200, self-invested option B set-up fee £295, annual £375

Commission: Subject to negotiation through menu options

Tel: 08452 101010


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