Subscription Information
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SUBSCRIPTION INFORMATION FOR THE YEAR TO MARCH 31 2025
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 | £810 |
| 6-10 | £1,520 |
| 11-15 | £2,230 |
| 16-20 | £2,880 |
| 21-30 | £4,250 |
| 31-40 | £5,510 |
| 41-50 | £6,620 |
| 51-75 | £8,350 |
| 76-100 | £10,700 |
| 101-150 | £12,000 |
| 151-200 | £13,150 |
| 201-350 | £15,250 |
| 351-500 | £16,650 |
| 501-750 | £19,400 |
| 751-1000 | £21,350 |
| 1001-1500 | £22,550 |
| 1501-2000 | £23,600 |
| 2001-2500 | £28,750 |
| 2501-3000 | £31,850 |
| 3001 - 3500 | £34,900 |
| more than 3500 | £38,500 |
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.