the riba pension
How much is it?

The RIBA Pension is a market-leading solution for large and small practices alike, offering value, choice and flexibility to both employers and employees.



The main cost to you as the employer will be the initial cost of the compliance software and any additional support as outlined in the following section. Outsourced payroll providers may charge additional fees for producing pension data. If this is the case, depending on the package being offered, you may want to negotiate or begin looking for alternative providers.


Additional support for employers

If you would like additional tailored support to help you introduce your pension solution, the RIBA approved financial adviser is Charles Stanley Financial Solutions (CSFS). CSFS can offer the following:

  • Employee presentations - £380 per 2-hour presentation (additional costs for travel and out of pocket expenses may apply) 
  • Individual consultancy meetings with your employees, if required - £87.50 per employee for a 30-minute consultancy (these will normally be by telephone)

You may also choose to seek additional support as you approach your staging date and/or to commission an annual review of the overall scheme. For this, CSFS charges £1,300 per day or £190 per hour plus any required travel and out of pocket expenses. Equally, you may decide that you do not need advice or that you would prefer to consult your own financial adviser.


The charge to employees for managing their pension is the annual management charge of 0.44%, well below the industry average. This leaves more money in employees' pension pots on retirement.

Investment choice

When employees enrol, their money is invested into a diversified Lifestyle default fund. If they choose, they can transfer out of the default fund into any of a wide range of other funds. Some carry additional charges.