Scottish Mutual Growth Pension (Charge Capped)
Illustration 1
Investment in PHOENIX SM GROWTH PENSION (Charge Capped) Fund
The typical scheme member for this illustration is based on
- Current age 40
- Starting pension pot of £10,000
- Retirement age 65
- No ongoing payments
| Year | Before Charges | After Charges |
|---|---|---|
| 1 | £10,100 | £10,000 |
| 3 | £10,400 | £10,100 |
| 5 | £10,800 | £10,200 |
| 10 | £11,700 | £10,500 |
| 15 | £12,600 | £10,700 |
| 20 | £13,600 | £11,000 |
| 25 | £14,800 | £11,300 |
Illustration 2
Investment in PHOENIX SM GROWTH PENSION (Charge Capped) Fund
The typical scheme member for this illustration is based on
- Current age 40
- Starting pension pot of £10,000
- Retirement age 65
- Ongoing total contributions of £100 per month
| Year | Before Charges | After Charges |
|---|---|---|
| 1 | £11,200 | £11,100 |
| 3 | £13,900 | £13,700 |
| 5 | £16,700 | £16,100 |
| 10 | £23,500 | £22,000 |
| 15 | £30,300 | £27,500 |
| 20 | £37,300 | £32,700 |
| 25 | £44,400 | £37,600 |
For all the above illustrations:
Ongoing Charges
PHOENIX SM GROWTH PENSION (Charge Capped): 0.9839%
Transaction Costs:
PHOENIX SM GROWTH PENSION (Charge Capped): 0.1177%
Growth Rates:
Gross Growth Rate: 3.6177%
- Values are not guaranteed
- Projected values are shown in today's terms and do not need to be reduced further for the effect of inflation
- Inflation is assumed to be 2.00% each year
- Premiums paid remain level - no escalation