A side-by-side comparison of what Vanguard and Fidelity Personal Investing charge for pension drawdown, and what you get for it. On published charges alone, Vanguard works out cheaper at all three pot sizes modelled below.
| Provider | Published fee structure |
|---|---|
| Vanguard | 0.15% flat fee (capped at £375 annually) |
| Fidelity Personal Investing | 0.35% up to £250k, 0.20% over £250k |
| Pot size | Vanguard | Fidelity Personal Investing | Cheaper |
|---|---|---|---|
| £100,000 pot | £150 | £350 | Vanguard is cheaper |
| £250,000 pot | £375 | £500 | Vanguard is cheaper |
| £500,000 pot | £375 | £1,000 | Vanguard 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.