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SUBSCRIPTION INFORMATION FOR THE YEAR TO MARCH 31 2026

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
1-5 £830
6-10 £1,550
11-15 £2,270
16-20 £2,930
21-30 £4,320
31-40 £5,600
41-50 £6,720
51-75 £8,500
76-100 £10,900
101-150 £12,200
151-200 £13,350
201-350 £15,500
351-500 £16,900
501-750 £19,700
751-1000 £21,700
1001-1500 £22,900
1501-2000 £24,000
2001-2500 £29,200
2501-3000 £32,350
3001 - 3500 £35,450
more than 3500 £39,100

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.