A side-by-side comparison of what Hargreaves Lansdown and Fidelity Personal Investing charge for pension drawdown, and what you get for it. Neither provider is cheaper across the board — which one costs less depends on the size of your pot. The table below shows where each one wins.
| Provider | Published fee structure |
|---|---|
| Hargreaves Lansdown | 0.35% first £250k, 0.25% £250k–£1m, 0.10% £1m–£2m, 0% over £2m |
| Fidelity Personal Investing | 0.35% up to £250k, 0.20% over £250k |
| Pot size | Hargreaves Lansdown | Fidelity Personal Investing | Cheaper |
|---|---|---|---|
| £100,000 pot | £350 | £350 | Level, or not stated |
| £250,000 pot | £875 | £500 | Fidelity Personal Investing is cheaper |
| £500,000 pot | £1,500 | £1,000 | Fidelity Personal Investing 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.