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<p>Performance fees of all types have been subject to the automatic enrolment charge
cap since 6 April 2015, when the Charges and Governance regulations (<a href="http://www.legislation.gov.uk/2015/879"
target="_blank">http://www.legislation.gov.uk/2015/879</a> ) came into force.</p><p>It
remains our policy that these fees should be subject to the cap. Savers who join a
workplace pension scheme without choosing where to save or whether to save should
not pay more than 0.75% or an equivalent combination charge over the year</p>
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