Here's a breakdown of the fees for your Chest Pension.
Fee summary
There are three components to the fees on your Chest Pension:
Chest platform fee: 0.35% per year
Quai administration fee: 0.1% per year
Legal & General fund management fee: 0.08-0.29% per year (varies by fund)
Your total fees will typically be between 0.53% and 0.74% per year, depending on which fund you choose.
How fees are calculated
Fees are calculated as a percentage of your total pension value (assets under management). They're deducted monthly from your fund, so you don't need to pay them separately.
No hidden fees
We believe in transparency. There are:
No setup fees
No exit fees
No commission charged to you on cashback (brands pay this)
No charge for switching funds
How we keep fees low
We've partnered with Legal & General to offer their funds at competitive rates. Our exclusive arrangement means the savings are passed on to you.
Where to find full fee information
Full details of all fees are available in the Terms and Conditions and the Key Features Document, both accessible in My Account → Documents.
Still need help?
If you have questions about fees, contact us at hello@joinchest.com.