How rplan charges

Most investments carry two charges - an initial charge, when you first buy into a fund, and an ongoing charge. Find out more about the cost of investing.

rplan has negotiated to remove the initial charge completely on nearly all funds, and rebates at least 50% of the ongoing commission it receives back to you. This means that:

• You don't pay any initial charges at all when investing in nearly all funds on rplan. The charge is waived completely.
• You receive at least 50% of any ongoing commission we receive from the fund manager straight back to your bank account. The commission is paid by the fund manager to us, and we refund at least 50% of that back to you via a BACS transfer.

The reason we say 'at least 50%' is that we also cap the amount of commission we receive at £5 per month. This means that regardless of the amount of money you have invested, you will never pay more than £5 a month to us; we refund 100% of the rest back to your bank account.

Examples

For example, for a £10,000 investment over 1 year:

Investment Amount	£10,000
Normal Initial charge (typically 5.5%)	£550
rplan Initial charge (0%)	£0
Ongoing charge (typically 1.5%, of which 0.5% is commission)	£150
rplan refund (50% of the ongoing commission)	£25
Total Saved	£575

For an £80,000 investment over 1 year:

Investment Amount	£80,000
Normal Initial charge (typically 5.5%)	£4,400
rplan Initial charge (0%)	£0
Ongoing charge (typically 1.5%, of which 0.5% is commission)	£1,200
rplan refund (50% of the ongoing commission)	£200
extra rplan refund (anything above £5 per month commission)	£140
Total Saved	£4,620

Because the £5 per month cap is reached, rplan refunds any commission it receives above £5 per month (an additional £20 per year), so 55% of the ongoing commission is actually being refunded.