Standard Life Pension Drawdown

Compare Standard Life pension drawdown fees, investment options and features against all 21 UK providers. 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

15 Apr 2026

Standard Life agrees £2bn deal to acquire Aegon UK

Standard Life agreed to buy Aegon UK for £2bn, a deal expected to complete around the end of 2026 subject to regulatory approval. The combined business would hold around £480bn of assets and 16 million customers.

2 Mar 2026

Phoenix Group completes its name change to Standard Life

Phoenix Group formally renamed itself Standard Life plc, adopting the brand under which much of its pensions business already trades, with a new London Stock Exchange ticker.

26 Jan 2026

Standard Life appoints Angela Byrne as chief executive

Angela Byrne took over as chief executive of Standard Life's branded business as part of a wider leadership refresh.

Last updated 15 Apr 2026.

Compare Standard Life

Read the full Standard Life review — independent analysis of fees, features, service quality and user experiences.
Standard Life vs all providers — see how Standard Life fees compare against every UK drawdown provider for your pot size.
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