PRODUCT GUIDE
Mortgage Products
Legacy
Disclaimer
Pension Products
Contact
Investment Products
General
PENSION PRODUCTS
GENERAL
CHARGING STRUCTURE
Bid/Offer Spread
The difference between the price at which units are purchased (the offer price) and the price at which they are redeemed (the bid price) is generally known as the bid/offer spread.
In practice, the published unit offer price is normally the corresponding unit bid price multiplied by 100/95, the result being rounded to the 0.1p above i.e. the Bid/Offer spread is 5%.
Trustee Investment Plan (1997 Series), Flexible Retirement Portfolio and Premier Pension Plans do not have a bid/offer spread.
Pre-Premier personal pensions, FSAVCs and Section 32 plans have no bid/offer spread from 6th April 2001.
Mortgage Products
Legacy
Disclaimer
Pension Products
Contact
Investment Products
General
GENERAL CHARGING STRUCTURE
The difference between the price at which units are purchased (the offer price) and the price at which they are redeemed (the bid price) is generally known as the bid/offer spread.
In practice, the published unit offer price is normally the corresponding unit bid price multiplied by 100/95, the result being rounded to the 0.1p above i.e. the Bid/Offer spread is 5%.
Trustee Investment Plan (1997 Series), Flexible Retirement Portfolio and Premier Pension Plans do not have a bid/offer spread.
Pre-Premier personal pensions, FSAVCs and Section 32 plans have no bid/offer spread from 6th April 2001.
