Nucleus (formerly James Hay) Pension Drawdown

Compare Nucleus (formerly James Hay) pension drawdown fees, investment options and features against all 21 UK providers. Updated for 2026.

Fee structure

Platform fees: Nucleus platform: 0.27% to £500k, 0.175% £500k-£1m, 0.05% over £1m, plus £186 + VAT income drawdown charge

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.

Latest Nucleus (formerly James Hay) news & updates

9 Feb 2026

James Hay customers migrate to the Nucleus platform

James Hay completed the migration of its SIPP and wrap customers onto the Nucleus platform, with products consolidated under the Nucleus brand. The James Hay name now mainly survives in legal and trustee structures.

15 Sept 2025

James Hay stops accepting SIPP applications from non-UK residents

James Hay closed new SIPP applications to non-UK residents, citing the complexity of overseas servicing.

Last updated 9 Feb 2026.

Compare Nucleus (formerly James Hay)

Read the full Nucleus (formerly James Hay) review — independent analysis of fees, features, service quality and user experiences.
Nucleus (formerly James Hay) vs all providers — see how Nucleus (formerly James Hay) fees compare against every UK drawdown provider for your pot size.
All provider fees compared — side-by-side fee comparison of all 21 UK providers.

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