Introduction

This is a generic illustration that gives you an overview of how your Self-Invested Personal Pension (“SIPP”) could grow over time, based on a set of standard assumptions and example scenarios. Its purpose is to help you understand the potential future value of your pension savings and to support you in deciding whether this type of pension is right for your needs.

The figures shown in this illustration are not guaranteed. They are forecasts based on a range of assumptions about investment performance, charges, and how long you save for. Your actual returns will depend on the investments you choose and how they perform.

This illustration is not personalised. It is based on a single example contribution pattern and is not tailored to your personal circumstances. If you are younger or older, contribute different amounts, or plan to retire at a different time, your projected outcomes could be significantly higher or lower.

You should use this document to:

• Review how your pension could develop over time under different growth scenarios
• Understand the key assumptions and charges used to produce the figures
• Consider whether the potential outcomes fit with your retirement plans and appetite for investment risk
• Compare this illustration with others you may have received, to help you make an informed decision

We recommend saving this document for future reference and reading it alongside the Key Features Document. Both can be accessed at any time within the “Legal Documents” page in the app. If anything is unclear, you may wish to seek financial advice before deciding whether to proceed.

This illustration includes three examples based on different growth scenarios (Low, Mid and High).

Each scenario shows how your SIPP could develop over time using the same assumptions and charges. This allows you to compare how different market conditions and contribution patterns could influence the future value of your pension. These projections are based on standardised assumptions set by the Financial Conduct Authority to help you compare different pension products. They do not represent guarantees or predictions of future performance.

How this illustration was created

The figures in this illustration are based on a range of standard assumptions, including your selected retirement age, the length of time you save for, your contribution amounts, and how the investments within your SIPP might perform over time. These projections apply the relevant fund and charges and use the FCA set Low, Mid, and High growth rates, adjusted for inflation. These figures are examples only and are not guaranteed.

The growth rates we used

You will be able to see the results based on three potential levels of return on your investment:

• Low rate which assumes an annual investment return of -1.10%
• Mid rate which assumes an annual investment return of 1.90%
• High rate which assumes an annual investment return of 4.90%

The growth rates used in this illustration are not guaranteed. If investment performance is lower than shown, your pension could be worth less than the figures in this illustration, and in periods of low growth your returns may not keep pace with inflation, reducing the real value of your savings over time.

The projections we used

• The illustration table shows, in today’s prices, the projected value of your pension at each time period shown, based on the assumptions used in this scenario.
• We have allowed for future inflation of 2.0% each year to give you an indication of how much could be bought with the pension if it were paid out to you today.
• The taxable annual pension would be lower if you took a tax-free lump sum.
• You can find more information about tax-free lump sums in the Key Features document.
• Tax treatment depends on individual circumstances and may change in the future.

The assumptions and charges we included

• This illustration includes all expected charges for investing in the Quilter Investors Cirilium Moderate Passive Portfolio R (GBP) Accumulation fund and for opening and maintaining the Quilter Invest Self-Invested Personal Pension, based on charges as of 30 March 2026.
• The total charges applied consist of:
  • Fund ongoing charge: 0.35%
  • Quilter Invest platform fee: 0.25%
  • Subscription fee: £2 per month
• The fund’s ongoing charge is taken daily within the fund. Full Projections are calculated month by month. Each month the existing fund grows by the monthly equivalent of the annual growth rate, then a £250 contribution is added, and finally the £2 subscription fee is deducted. Growth rates used are already net of fund OCF and platform % charges, so the only deduction modelled separately is the £2. This process repeats for the full term (10, 20, 30, or 40 years).
• Fund specific charges can be found in the fund factsheet in the app.
• These charges may change over time. Your actual charges could be higher or lower than those used in this illustration and will depend on the investments you select.
• We have assumed an initial investment of £25,000, made as a lumpsum contribution or transfer, followed by gross monthly contributions of £250, which already include any tax relief that may apply.

About uninvested cash in your pension

If you have uninvested cash in your personal pension account our custodian, Seccl may pay you interest each year on the amount. It may increase or decrease when interest rates change. Seccl calculates this interest daily and adds it to your account each month, interest is credited gross (no taxes applied).

Generic pension illustrations

The illustration shows how the value of a 35-year-old’s pension could develop over time using a single example contribution pattern. It presents the projected value at a small number of key future points, under three different investment scenarios: Low, Mid and High growth. These figures are designed to help demonstrate how contributions, charges and investment performance might influence the value of the pension over time. The benefits shown are proportionate to the payment amount, meaning that higher contributions would broadly result in higher projected retirement values for the same investment term.