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 in the Documents section of this website and refer to appendix 2.

Fidelity HSBC Islamic Fund

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (youngest member)1£3,700£3,700
3£5,100£5,100
5£6,700£6,600
10£11,100£10,700
15£17,100£16,400
20£24,500£23,100
25£34,100£31,800
30£45,500£41,900
35£59,100£53,600

Example memberYearsBefore chargesAfter charges
New Section 'Over the Cap' members (average member)1£42,100£41,900
3£48,700£48,100
5£56,000£54,900
10£78,300£75,300
15£104,700£99,000
19£129,300£120,600

Example memberYearsBefore chargesAfter charges
DB AVC payers (youngest member)1£3,600£3,600
3£6,900£6,900
5£10,500£10,400
10£20,600£20,100
15£32,600£31,300
20£46,700£44,200
25£63,400£59,200
30£83,100£76,500
31£87,500£80,300

Example memberYearsBefore chargesAfter charges
DB AVC payers (average member)1£73,600£73,300
3£91,800£90,700
5£111,200£109,000
10£165,800£159,900
12£190,400£182,500

Example memberYearsBefore chargesAfter charges
Deferred New Section member (youngest member)1£1,000£1,000
3£1,100£1,100
5£1,200£1,200
10£1,400£1,300
15£1,700£1,500
20£2,000£1,800
25£2,300£2,100
30£2,700£2,400
35£3,200£2,800
39£3,700£3,100

Example memberYearsBefore chargesAfter charges
Deferred New Section member (average member)1£29,000£28,800
3£31,000£30,500
5£33,100£32,400
10£39,200£37,400
11£40,500£38,500
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.