Aviva Stakeholder Pension
Aviva is a leading provider of life and pension products in the UK and across Europe with substantial positions in other global markets, making it the world’s sixth largest insurance group based on gross worldwide premiums at 31 December 2009.
Start saving toward your retirement now
Aviva’s stakeholder pension is a low cost, flexible option for those wishing to save toward their retirement.
For arranging your Aviva stakeholder pension CommShare will charge you 0.2% p.a. fund based trail commission. Although we take a small percentage each year, this actually decreases your annual management charge from 1% to 0.75%. In comparison, if you arrange a stakeholder pension direct with Aviva the annual management charge is 1% for paper application forms and 0.9% for online applications. Applying through CommShare could save you as much as 0.25% p.a.
| |
Annual Management Charge Per Annum |
| You invest |
Direct -
Paper Application |
Direct -
Online Application |
Direct -
Via CommShare |
| £0 - £50,000 |
1% |
0.90% |
0.75% |
| £50,000 - £100,000 |
0.95% |
0.85% |
0.70% |
| £100,000+ |
0.90% |
0.80% |
0.65% |
The following table summarises the main features of the Aviva stakeholder pension:
| Minimum Age |
None |
| Maximum Age |
74 |
| Minimum Term |
None |
| Minimum Payment |
£20 gross / £16 net |
| Payments - minimum automatic annual increase |
3% |
| Payments - maximum automatic annual increase |
15% |
| Number of funds |
39 |
| Online access |
Yes |
Download Aviva Stakeholder Pension Application Forms and Key Features
You can invest by paper application from as little as £20 gross and / or by transferring existing pensions into a new Aviva stakeholder pension.
First, please make sure you read CommShare’s Key Facts document and Terms of Business.
Alternatively, request an Aviva Stakeholder Pension Application Pack by post – click here
Please send your completed application forms to CommShare, using our FREEPOST address. If you send them directly to Aviva they will establish your pension on a direct basis and the standard annual management charge for paper applications will apply.
Transfer existing pensions into your Aviva stakeholder pension
You can transfer the following types of pensions into the Aviva stakeholder pension via CommShare.
| Other Stakeholder Pension Plans |
Free Standing Additional Voluntary Contribution Plans (FSAVCs) |
| Personal Pension Plans |
Paid up Group Personal Pensions Plans or Group Stakeholder Plans |
| Retirement Annuity Contracts (RACs) |
Self Invested Personal Pensions |
You cannot transfer occupational pensions into the Aviva stakeholder pension via CommShare and will need to seek appropriate advice from a qualified financial adviser if you wish to consider transferring benefits accrued in occupational schemes. These include:
| Additional Voluntary Contribution Plans |
Occupational Money Purchase Pensions (CIMP / COMP) |
| Executive Pension Plans (EPPs) |
Defined Benefit Schemes (Final Salary Scheme) |
If you are unsure as to whether your existing plan is a personal or occupational plan, please contact us and we will be happy to help you.
You will also need to find out whether there are any transfer penalties on your existing pension. Transfer penalties can be a significant proportion of your fund and you will need to consider carefully if you are happy to pay the fee in order to change pensions. Second, make sure that you will not lose any valuable benefits, such as guaranteed annuity rates or guaranteed investment growth rates, by transferring away from your existing arrangement.
Once you have decided that you are happy to transfer your pensions, we can arrange for all of the correct paperwork to be sent to you. All you will need to do is sign and return the transfer forms to us along with your application forms in a FREEPOST envelope.
A word of warning: Please note that once you have transferred your pension, especially if it is more than a few years old, you may not be able to transfer your fund back into the same pension with the same company.
How to switch between your Aviva Stakeholder Pension funds
If you want to switch between your Aviva stakeholder pension funds online login or register here.
If you want to download an Aviva pension fund switch instruction form click here.
Remember: that you cannot withdraw funds from your pension until you retire, the earliest you can retire and take benefits from a pension plan is currently 55. A pension is a long term investment and the funds held in your pension may go down as well as up. Remember tax reliefs may change depending on legislation and/or your personal circumstances. We are unable to offer you advice and if you are at all unsure, you should seek personal advice from a suitably qualified financial adviser.