AJ Bell Youinvest pension drawdown hub: published fees, investment options and features. Updated for 2026. Guidance, not advice.
Estimated yearly cost at £250,000: £625 a year (monthly income, no share deals; Platform fee only — fund charges extra).
Position on cost: Ranks 9 of 18 fully priced platforms on cost at £250,000. AJ Bell Youinvest against every DIY platform
| Drawdown admin fee | None Included in the yearly cost above |
|---|---|
| Regular income payments | Free |
| One-off (ad-hoc) withdrawal | Free |
| UFPLS payment | Free |
| Transfer out (exit fee) | Free |
| Minimum pot | Not confirmed |
| Cash in the pension | Tiered drawdown cash rates (announced range 3.45% under £10k to 4.45% over £100k); rates in force since 1 Feb 2026. |
Fees checked 23 Sept 2026. “Not confirmed” means the charge is not published or we have not verified it; it is never counted as free.
Sources: SIPP charges page · SIPP charges PDF (10 July 2026) · Share dealing charges · Interest rates on cash
Capital at risk. Comparison information only, not advice. Confirm charges on the provider’s own pages before you act.
Platform fees: 0.25% to £250k, 0.10% £250k–£500k, 0% over £500k (shares & ETFs capped at £10/month)
Fund charges (Ongoing Charges Figure) apply on top of platform fees and depend on your chosen investments. Use our calculator above to see the total annual cost for your specific pot size.
Eligible claims may be covered by the Financial Services Compensation Scheme (FSCS). If a SIPP operator or investment firm fails, the limit is £85,000 per person per firm; a pension provided by an insurer is normally covered in full. FSCS pension protection
Source: AJ Bell regulatory information, checked 23 Sept 2026.
No new verified updates this month. We only list items we can cite from an official RNS, company newsroom or official blog.
21 May 2026
In its interim results for the six months ended 31 March 2026, AJ Bell said it added a record 79,000 platform customers to close at 723,000 and recorded platform net inflows of £4.2 billion. Revenue was £183.0 million.
27 Apr 2026
AJ Bell announced that from May 2026 regular monthly investments attract no dealing fee, after it removed the previous £1.50 charge. The service can be set up in the SIPP, ISA, Junior ISA, Lifetime ISA and dealing accounts from £25 a month.
23 Apr 2026
AJ Bell’s trading update for the three months ended 31 March 2026 reported record customer growth of 50,000 in the quarter, taking the total to 723,000, and platform net inflows of £2.7 billion.
Last verified: 8 Sept 2026.
Also compare: Vanguard, Interactive Investor, Hargreaves Lansdown, Fidelity Personal Investing, Bestinvest, and all UK providers we track.
Free, impartial guidance: Pension Wise offers free appointments to people aged 50 or over with a defined contribution pension, and MoneyHelper’s investment pathways comparison tool compares drawdown providers’ ready-made options. Both are backed by the government.