You have a cash facility within your Retiready Pension so that we can take charges and make any payments. By keeping 0.25% of your investment in cash, it means we don't have to sell any of your investments every time a payment is due. There may be some instances where there isn't enough money in your cash facility and we'd have to sell some of your investments to cover the costs - for example if you took a withdrawal from the cash facility, depending on timing of the charge transaction being created we might need to sell assets to fund the charge payment. 

Also, if the cash facility drops below 0.15% we would top this back up to 0.25% from the sale of assets.