Moneybox pension drawdown hub: published fees, investment options and features. Updated for 2026. Guidance, not advice.
Estimated yearly cost at £250,000: £150 a year (monthly income, no share deals; Platform fee only — fund charges extra).
Position on cost: Not ranked at £250,000: a charge for taking money out is not published. Moneybox against every DIY platform
+ charges not published: regular income payments. The yearly cost leaves these out, so the real figure may be higher.
Limited published information. Moneybox publishes little detail on its drawdown charges.
| Drawdown admin fee | None Included in the yearly cost above |
|---|---|
| Regular income payments | Not confirmed |
| One-off (ad-hoc) withdrawal | Not confirmed |
| UFPLS payment | Not confirmed |
| Transfer out (exit fee) | Free |
| Minimum pot | Not confirmed |
| 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: Pension drawdown · What happens to your pension when you die · Drawdown launch (FF News, 16 June 2026) · Pension fee breakdown · How to access your pension · Pension
Capital at risk. Comparison information only, not advice. Confirm charges on the provider’s own pages before you act.
Moneybox’s personal pension charges a 0.15% service fee, capped at £150 a year, on its own funds (official pension page). Other providers’ funds are 0.45% on the first £100,000 and 0.15% above, with no cap. Drawdown launched in June 2026 for regular or one-off withdrawals.
Retirement access: Flexi-access drawdown. Drawdown launched June 2026: regular or one-off withdrawals, phased, in the app or on desktop.
Digital Moneybox Limited was founded in 2015 and launched in 2016 (official 2024 annual report). FCA FRN 712935.
Official pension page: 0.15% service fee capped at £150 on Moneybox funds; 0.45% on the first £100,000 and 0.15% above, with no cap, on other providers’ funds (pension fee FAQ). Drawdown launched June 2026: regular or one-off withdrawals, phased, in the app or on desktop.
Platform fees: Moneybox funds: 0.15% service fee capped at £150 a year (plus 0.29% fund fee). Other providers’ funds: 0.45% service fee on the first £100k, then 0.15% above (no cap)
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.
Range: Moneybox funds plus other providers’ funds
Default Moneybox funds; third-party funds available at a higher service fee
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
Guidance only — this is not regulated financial advice. Confirm charges on the provider's official pages before you act.
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.
Also compare: Vanguard, Interactive Investor, AJ Bell Youinvest, Hargreaves Lansdown, Fidelity Personal Investing, 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.