Standard Life Pension Drawdown

Compare Standard Life pension drawdown fees, investment options and features against the UK SIPP platforms we track. Updated for 2026.

Fee structure

Platform fees: Tiered: £524 (<£100k), £328 (£100k–£250k), £197 (£250k–£500k), £0 (£500k+) plus £158 drawdown fee

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 Standard Life news & updates

7 Sept 2026

Standard Life half-year 2026 results

On 7 September 2026 Standard Life plc reported IFRS adjusted operating profit of £563 million for the first half of 2026, up 25% year on year, operating cash generation of £745 million, and assets under administration of £333 billion at 30 June 2026. It said the proposed £2 billion Aegon UK acquisition remains on track to complete around the end of 2026, subject to approvals.

Source: Standard Life plc newsroom, 7 September 2026

15 Apr 2026

Standard Life agrees to acquire Aegon UK for £2.0 billion

Standard Life announced an agreement to acquire Aegon UK for a total consideration of £2.0 billion, subject to regulatory conditions, with completion expected around the end of 2026.

Source: Standard Life RNS, 15 April 2026 (PDF)

2 Mar 2026

Phoenix Group completes its name change to Standard Life plc

Standard Life plc said it completed its name change from Phoenix Group Holdings plc on 2 March 2026 and listed on the London Stock Exchange under the ticker SDLF.

Source: Standard Life plc newsroom, 2 March 2026

Last verified: 8 Sept 2026.

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