Interactive Investor pension drawdown hub: published fees, investment options and features. Updated for 2026. Guidance, not advice.
Estimated yearly cost at £250,000: £179.88 a year (monthly income, no share deals; Platform fee only — fund charges extra).
Position on cost: Ranks 2 of 18 fully priced platforms on cost at £250,000. Interactive Investor 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 | Pays interest on GBP, EUR and USD cash; rates on the ii interest rates page (not captured). |
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 · New price plans announcement · Price plan comparison · Income drawdown · UFPLS · Drawdown death benefits
Capital at risk. Comparison information only, not advice. Confirm charges on the provider’s own pages before you act.
Platform fees: SIPP: Core £5.99/mo (£71.88/yr, pots up to £100k); Plus £14.99/mo (£179.88/yr); Premium £39.99/mo (£479.88/yr). Each price already includes the pension admin fee (£2.50/mo on Core, £6/mo on Plus and Premium)
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: interactive investor disclosures, 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.
1 Feb 2026
ii announced three flat-fee plans effective 1 February 2026: Core at £5.99 a month (portfolios up to £100,000), Plus at £14.99 and Premium at £39.99. The same announcement said foreign-exchange fees were reduced.
Last verified: 8 Sept 2026.
Also compare: Vanguard, AJ Bell Youinvest, 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.