Compare Hargreaves Lansdown pension drawdown fees, investment options and features against all 21 UK providers. Updated for 2026.
Platform fees: 0.35% first £250k, 0.25% £250k–£1m, 0.10% £1m–£2m, 0% over £2m
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.
1 Mar 2026
HL's biggest pricing change in a decade took effect, cutting the SIPP and ISA platform fee on funds to 0.35% up to £250,000. A new £1.95 charge for one-off online fund deals was introduced and online share dealing was reduced.
13 Jan 2026
HL named Vanguard executive Matt Benchener as its incoming chief executive, due to start in July 2026 subject to regulatory approval. He joined for a handover period from March 2026.
23 Oct 2025
HL passed £200bn in client assets under administration, reinforcing its position as the UK's largest direct-to-consumer investment platform.
Last updated 1 Mar 2026.
Also compare: Vanguard, Interactive Investor, AJ Bell Youinvest, Fidelity Personal Investing, Bestinvest, and all 21 UK providers.