Curiousguy
Registered User
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- 1
Hi all!
I am 32 in the public sector and signed up to an AVC with cornmarket yesterday. I have two weeks cooling off period so if I have made a huge mistake please help me out. From what I gather there is 450 approx first year fee and none from then on except the 1% fee on what you put in and the avc gains. This reduces to 0.75% at once the fund 40000 and 0.5% at 70000 or something along those lines. It was a free consultation apparently although with those fees not really. Can they be avoided by signing up without a consultation . Apparently it’s best fee structure out there because the union got it? Does anyone know if this is true? Should I cancel it?I was a bit confused after a long day so I may need to double check those figures
I am 32 in the public sector and signed up to an AVC with cornmarket yesterday. I have two weeks cooling off period so if I have made a huge mistake please help me out. From what I gather there is 450 approx first year fee and none from then on except the 1% fee on what you put in and the avc gains. This reduces to 0.75% at once the fund 40000 and 0.5% at 70000 or something along those lines. It was a free consultation apparently although with those fees not really. Can they be avoided by signing up without a consultation . Apparently it’s best fee structure out there because the union got it? Does anyone know if this is true? Should I cancel it?I was a bit confused after a long day so I may need to double check those figures