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    What is the best choice for pension drawdown (UK) in terms of fees, charges, support,. Etc?

    06 July 2022

    Question by Seyed

    Hello,

    I am looking for the best company for pension drawdown (UK) in terms of fees, charges, support,..etc

    What is your best choice please?

    Thanks
    Sid

    Answered by Boring Money

    Hi Seyed

    This really depends on the amount you wish to invest as some platform providers have tiered charges the higher the invested amount the lower the % charge is for example.

    Platforms that deal directly with clients also have a different charging structure than advised platforms, for example Fidelity charge 0.35% for a client directly. We have negotiated significantly cheaper charges with Fidelity.

    A few to consider such as A J Bell, Fidelity, Aviva. In addition to the platform charge there are additional fund charges which can vary slightly dependent on terms that the platform has negotiated.

    if you require advice for your pension drawdown I would be pleased to discuss in more detail and can be contact on 07943 189948

    Many thanks

    Debbie


    Answered by

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    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
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    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.