As a not-for-profit organisation, our fees are used to manage investments, keep the Scheme running smoothly and provide a high quality service in line with industry best practice.

BCF Employee Administration Charges – from 1 Jan 2023:

Employers pay a monthly payment which consists of a basic employer charge plus a charge per employee. This is collected via direct debit on a quarterly basis. Employer monthly contributions charges (applicable to the participating employer):

• Payroll charges – £35.00 per month (£39.90 per month from 1 Jul 2024)
• Plus – £4.30 per employee (£4.90 per employee from 1 Jul 2024)

Additional professional services:

As required, we can assist you with services specific to a member’s individual investment on a time cost basis at a rate of £40 to £125 per hour (excluding VAT). Wherever possible we will supply an estimate of the likely charges in advance.