EQi Pension Drawdown

EQi drawdown charges at a glance

Estimated yearly cost at £250,000: £430.68 a year (monthly income, no share deals; Platform fee only — fund charges extra).

Position on cost: Ranks 7 of 18 fully priced platforms on cost at £250,000. EQi against every DIY platform

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 pricing · New pricing · SIPP terms (Platform One)

Capital at risk. Comparison information only, not advice. Confirm charges on the provider’s own pages before you act.

EQi at a glance

EQi’s SIPP is an execution-only account with a monthly subscription plus a fixed SIPP administration fee from Platform One. Official live pricing quotes £4.99 or £10.99 a month plus £118.80 a year, and the SIPP terms add £150 + VAT (£180) a year once you are in flexi-access drawdown.

Retirement access: Flexi-access drawdown. Official SIPP terms include flexi-access drawdown, with a drawdown administration charge of £150 + VAT (£180) a year on top of the subscription and £118.80 SIPP administration.

Company story

EQi is a trading name of Equiniti Financial Services Limited (FCA FRN 468631). The SIPP is administered by Platform One (FRN 488015).

Official live pricing: monthly subscription plus £118.80 a year SIPP administration. The SIPP terms add a flexi-access drawdown charge of £150 + VAT a year.

Fee structure

Platform fees: EQi subscription £4.99/mo under £50k or £10.99/mo at £50k+; SIPP administration £118.80 a year (Platform One); flexi-access drawdown £180 a year (£150 + VAT)

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.

EQi key features

• Flat subscription plus a fixed SIPP administration fee
• £250.68 a year before drawdown, plus £180 a year once in flexi-access drawdown
• Flexi-access drawdown in the SIPP terms
• One free online trade a month on the £10.99 plan

EQi investments

Range: Shares and funds

Execution-only dealing; no EQi fund platform fee in the SIPP

Who holds your pension

• Regulated firm: Equiniti Financial Services Limited
• FCA firm reference number: 468631 on the FCA Register
• SIPP operator or scheme administrator: Platform One Regulated Services Limited (FRN 488015) (official SIPP terms)
• Regulatory status: Equiniti Financial Services Limited (trading as EQi) authorised and regulated by the FCA (FRN 468631). SIPP operator Platform One Regulated Services Limited (FRN 488015) — official SIPP terms.

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

Official sources

• Official EQi website
• Official fee source (platform fees checked 23 Sept 2026)

Guidance only — this is not regulated financial advice. Confirm charges on the provider's official pages before you act.

Latest EQi news & updates

No new verified updates this month. We only list items we can cite from an official RNS, company newsroom or official blog.

Last verified: 8 Sept 2026.

Compare EQi

• Read the full EQi review — independent analysis of fees, features, service quality and user experiences.
• EQi fees vs the UK market — pot-size ranking against every UK drawdown provider we track.
• All provider fees compared — side-by-side fee comparison of the UK providers we track.

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