Vanguard Pension Drawdown

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

Fee structure

Platform fees: 0.15% flat fee (capped at £375 annually)

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 Vanguard news & updates

28 Jan 2026

Vanguard UK expands ETF range with four new funds

Vanguard added four new ETFs to its UK platform, including global bond and ESG-screened equity options. The additions broaden the low-cost passive choice available to UK investors.

27 Jan 2026

Vanguard cuts LifeStrategy fees and launches a global LifeStrategy range

Vanguard reduced the ongoing charge on its five UK LifeStrategy funds from 0.22% to 0.20% and launched a new LifeStrategy Global range with no UK home bias. A phased reduction in the UK equity weighting of the existing funds began in early 2026.

20 Jan 2026

Vanguard to close its Active UK Equity Fund

Vanguard announced the closure of its Active UK Equity Fund in April 2026, citing persistent underperformance and insufficient scale. Affected investors were offered free switches into other Vanguard funds.

Last updated 28 Jan 2026.

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