A side-by-side comparison of what IG and Hargreaves Lansdown charge for pension drawdown, and what you get for it. On published charges alone, IG works out cheaper at all three pot sizes modelled below.
| Provider | Published fee structure |
|---|---|
| IG | £210 flat annual fee |
| Hargreaves Lansdown | 0.35% first £250k, 0.25% £250k–£1m, 0.10% £1m–£2m, 0% over £2m |
| Pot size | IG | Hargreaves Lansdown | Cheaper |
|---|---|---|---|
| £100,000 pot | £210 | £350 | IG is cheaper |
| £250,000 pot | £210 | £875 | IG is cheaper |
| £500,000 pot | £210 | £1,500 | IG 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.