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SUBSCRIPTION INFORMATION FOR THE YEAR TO MARCH 31 2027

SPP operates an annual subscription scale, under which the amount of a member firm’s subscription depends on the number of people it employs full-time in pension functions.

The subscription scale is set out below. If you have any questions, we would be pleased to help

Number of people involved full-time in pension functions Annual subscription
1 310
2 570
3-5 £850
6-10 £1,590
11-15 £2,320
16-20 £2,990
21-30 £4,410
31-40 £5,720
41-50 £6,860
51-75 £8,700
76-100 £11,150
101-150 £12,450
151-200 £13,650
201-350 £15,850
351-500 £17,250
501-750 £20,100
751-1000 £22,150
1001-1500 £23,400
1501-2000 £24,500
2001-2500 £29,800
2501-3000 £33,000
3001 - 3500 £36,200
more than 3500 £39,900

The scale refers to number of people full-time in pensions.  Where you have part-time staff involved in pensions, please do not count each as one, but rather estimate the total number of full-time equivalent.

All those substantially engaged in pension functions, including, for example, admin and secretarial support, should be taken into account in determining the number of full-time people.

Umbrella companies of an IFA network pay a further subscription of £2,500, in addition to that arising from the scale above.