A side-by-side comparison of what Hargreaves Lansdown and St James's Place charge for pension drawdown, and what you get for it. On published charges alone, Hargreaves Lansdown 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 |
| St James's Place | Ongoing: 0.80% advice + 0.35% product (tiered to 0.25%) + fund 0.09-0.69%; initial advice 3%/2%/1% (from Aug 2025) |
| Pot size | Hargreaves Lansdown | St James's Place | Cheaper |
|---|---|---|---|
| £100,000 pot | £350 | £1,150 | Hargreaves Lansdown is cheaper |
| £250,000 pot | £875 | £2,875 | Hargreaves Lansdown is cheaper |
| £500,000 pot | £1,500 | £5,750 | Hargreaves Lansdown 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.