Royal London Pension Drawdown

Compare Royal London pension drawdown fees, investment options and features against all 21 UK providers. Updated for 2026.

Fee structure

Platform fees: 0.35% annual management 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 Royal London news & updates

14 Apr 2026

Royal London's Irish arm doubles pension sales

Royal London reported strong growth in its Irish business, with pension sales more than doubling amid rising demand for personal retirement accounts.

6 Mar 2026

Royal London reports an 18% rise in 2025 profit

Royal London posted higher operating profit and strong net inflows for 2025, and confirmed a larger ProfitShare distribution to eligible members.

6 Oct 2025

Royal London expands its sustainable fund range

Royal London added new sustainable fund options for pension and ISA customers as part of its responsible investment strategy.

Last updated 14 Apr 2026.

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