The illustrations below show the projected fund values based on certain assumptions before and after charges so the potential impact of charges is clearly shown.

Members should be aware these are simply illustrations, and so the actual fund values and implication of charges for members’ investments may be different if members’ personal details or investment choices differ from those shown or the assumptions are not borne out. For further details, please refer to the DC Chair Statement found the Store section of this website and refer to appendix 2.

Fidelity BlackRock Cash Fund

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (youngest member)1£600£600
3£1,100£1,100
5£1,600£1,600
10£2,800£2,700
15£4,300£4,200
20£5,700£5,600
25£7,500£7,300
30£9,200£8,900
34£10,500£10,200

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (average member)1£46,000£45,900
3£52,100£51,800
5£58,500£57,900
10£77,200£76,000
15£95,100£93,100
19£108,800£106,000

Example memberYearsBefore chargesAfter charges
DB AVC payers (youngest member)1£44,600£44,500
3£45,000£44,700
5£45,400£44,900
10£46,300£45,400
15£47,200£45,800
20£48,000£46,300
25£48,800£46,700
30£49,600£47,100
33£50,100£47,300

Example memberYearsBefore chargesAfter charges
DB AVC payers (average member)1£77,000£76,900
3£85,000£84,500
5£92,800£91,900
10£111,600£109,800
15£129,700£126,700

Example memberYearsBefore chargesAfter charges
Deferred New Section member (youngest member)1£400£400
3£400£400
5£400£400
10£400£400
15£300£300
20£300£300
25£300£300
30£300£300
35£300£300
40£300£300
41£300£300

Example memberYearsBefore chargesAfter charges
Deferred New Section member (average member)1£29,500£29,500
3£29,000£28,800
5£28,500£28,200
10£27,200£26,700

Fidelity HSBC Islamic Fund

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (youngest member)1£700£700
3£1,200£1,200
5£1,800£1,700
10£3,400£3,300
15£5,600£5,400
20£8,100£7,700
25£11,300£10,700
30£15,000£14,000
34£18,300£16,900

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (average member)1£47,500£47,300
3£57,100£56,400
5£67,500£66,200
10£99,600£96,200
15£135,900£129,400
19£168,300£158,500

Example memberYearsBefore chargesAfter charges
DB AVC payers (youngest member)1£46,100£45,900
3£49,700£49,000
5£53,400£52,300
10£63,600£61,000
15£75,200£70,700
20£88,300£81,400
25£103,100£93,200
30£119,800£106,300
33£130,900£114,800

Example memberYearsBefore chargesAfter charges
DB AVC payers (average member)1£79,600£79,200
3£93,200£92,100
5£107,600£105,500
10£146,800£141,500
15£191,100£181,300

Example memberYearsBefore chargesAfter charges
Deferred New Section member (youngest member)1£400£400
3£400£400
5£500£400
10£500£500
15£600£500
20£700£600
25£700£700
30£800£700
35£900£800
40£1,100£900
41£1,100£900

Example memberYearsBefore chargesAfter charges
Deferred New Section member (average member)1£30,500£30,400
3£32,100£31,700
5£33,700£33,000
10£38,100£36,500

BlackRock Over 15 Years UK Gilt Index Fund

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (youngest member)1£600£600
3£1,100£1,100
5£1,600£1,600
10£2,700£2,600
15£4,000£4,000
20£5,400£5,300
25£6,900£6,800
30£8,400£8,200
34£9,400£9,200

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (average member)1£45,700£45,600
3£51,100£50,900
5£56,700£56,400
10£73,300£72,400
15£88,500£87,200
19£99,900£98,100

Example memberYearsBefore chargesAfter charges
DB AVC payers (youngest member)1£44,300£44,200
3£44,100£43,900
5£43,800£43,500
10£43,300£42,700
15£42,900£42,000
20£42,400£41,300
25£42,000£40,700
30£41,600£40,100
33£41,400£39,800

Example memberYearsBefore chargesAfter charges
DB AVC payers (average member)1£76,500£76,400
3£83,300£83,000
5£89,900£89,300
10£105,500£104,200
15£119,900£117,900

Example memberYearsBefore chargesAfter charges
Deferred New Section member (youngest member)1£400£400
3£400£400
5£400£400
10£300£300
15£300£300
20£300£300
25£300£300
30£200£200
35£200£200
40£200£200
41£200£200

Example memberYearsBefore chargesAfter charges
Deferred New Section member (average member)1£29,300£29,300
3£28,400£28,300
5£27,500£27,300
10£25,400£25,000
Chevron UK Pension Plan Costs and Charges
When we show figures

When projecting pension savings, we show the value in today’s terms, which means we have already taken into account the impact that inflation may have on the buying power of those pension savings. Some funds may not be expected to grow as much as inflation and so the buying power of those pension savings would be expected to go down over time.

Inflation is assumed to be 2.5% each year.

Values shown are estimates and are not guaranteed.