A side-by-side comparison of what Hargreaves Lansdown and AJ Bell Youinvest charge for pension drawdown, and what you get for it. On published charges alone, AJ Bell Youinvest works out cheaper at all three pot sizes modelled below.
| Provider | Published fee structure |
|---|---|
| Hargreaves Lansdown | 0.35% first £250k, 0.25% £250k–£1m, 0.10% £1m–£2m, 0% over £2m |
| AJ Bell Youinvest | 0.25% on first £250k, 0.10% on next £250k, 0% over £500k |
| Pot size | Hargreaves Lansdown | AJ Bell Youinvest | Cheaper |
|---|---|---|---|
| £100,000 pot | £350 | £250 | AJ Bell Youinvest is cheaper |
| £250,000 pot | £875 | £625 | AJ Bell Youinvest is cheaper |
| £500,000 pot | £1,500 | £875 | AJ Bell Youinvest is cheaper |
Platform and product charges only. Fund charges depend on what you actually invest in and are excluded, because they vary by fund rather than by provider. Enter your own pot size in the calculator on this page for a figure matched to your circumstances.