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Fidelity Personal Investing Pension Drawdown

Fidelity Personal Investing pension drawdown hub: published fees, investment options and features. Updated for 2026. Guidance, not advice.

Fidelity Personal Investing drawdown charges at a glance

Estimated yearly cost at £250,000: £500 a year (monthly income, no share deals; Platform fee only — fund charges extra).

Position on cost: Ranks 8 of 18 fully priced platforms on cost at £250,000. Fidelity Personal Investing 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	£50,000
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: Fees and charges · Charges for drawdown · SIPP

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

Fee structure

Platform fees: 0.35% up to £250k, 0.20% over £250k (minimum £90 a year)

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.

Who holds your pension

Regulated firm: Financial Administration Services Limited
FCA firm reference number: 122169 on the FCA Register
SIPP operator or scheme administrator: Financial Administration Services Limited is the administrator; trustee FIL SIPP Trustee (UK) Limited (official Doing business with Fidelity terms)
Regulatory status: Financial Administration Services Limited (Fidelity) authorised and regulated by the FCA (FRN 122169) — official SIPP page footer.

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: Fidelity SIPP page, checked 23 Sept 2026.

Latest Fidelity Personal Investing 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 Fidelity Personal Investing

Read the full Fidelity Personal Investing review — independent analysis of fees, features, service quality and user experiences.
Fidelity Personal Investing 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.

Other providers

Also compare: Vanguard, Interactive Investor, AJ Bell Youinvest, Hargreaves Lansdown, 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.