Onfolk

Pension scheme comparison

Use this comparison table to decide which workplace pension scheme is best for your company

Last updated Nov '21
NESTSmart PensionPeople's Pension
Number of customers900k140k100k
Onfolk integration
Can set up from Onfolk?coming sooncoming soon
Employer chargesNoneNone£500 set-up fee

Annual management charge (AMC)

0.30%0.30%0.50%

Monthly fee

1.8%£1.2521p
Illustrative yearly employee fees: paying in 1k over a year with pension pot of 10k£48 (£30 AMC + £18 in monthly fees)£45 (£30 AMC + £15 in monthly fees)£52.50 (£50 AMC + £2.50 in monthly fees)
Illustrative yearly employee fees: paying in 2k over a year with pension pot of 10k£66 (£30 AMC + £36 in monthly fees)£45 (£30 AMC + £15 in monthly fees)£52.50 (£50 AMC + £2.50 in monthly fees)

Relief at source or net pay?

Relief at sourceNet paySupports both
Link to pricing page
Link to investment funds