Aviva pension drawdown hub: published fees, investment options and features. Updated for 2026. Guidance, not advice.
Estimated yearly cost at £250,000: £875 a year (monthly income, no share deals; Platform fee only — fund charges extra).
Position on cost: Ranks 12 of 18 fully priced platforms on cost at £250,000. Aviva 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 | Not confirmed |
| Transfer out (exit fee) | Not confirmed |
| Minimum pot | £5,000 |
| Cash in the pension | Not confirmed |
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: Aviva Pension (SIPP) · Transfer for income drawdown · Share dealing
Capital at risk. Comparison information only, not advice. Confirm charges on the provider’s own pages before you act.
Platform fees: 0.35% a year on the first £500,000, with no charge above £500,000 (drawdown included)
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: Aviva company details, 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.
5 Mar 2026
Aviva’s full-year 2025 results announcement said wealth assets under management grew 18% to £234 billion, with wealth net flows of £10.9 billion, and that it won over 500 new workplace pension schemes. An older unsourced workplace-flow percentage has been removed because it could not be checked on the public Q1 2026 pages we opened.
Last verified: 8 Sept 2026.
Also compare: Vanguard, Interactive Investor, AJ Bell Youinvest, Hargreaves Lansdown, Fidelity Personal Investing, 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.