ii vs Vanguard pension fees
At a constant £100,000 invested balance, the representative charge for ii is £72/year and for Vanguard is £150/year . These figures cover selected charge layers. Fund management, transactions, advice, contributions and product terms affect the total cost; the smaller figure does not establish which pension costs less overall.
ii: Excludes fund charges. Core requires Direct Debit and electronic communications. The pricing table says up to £100,000; other eligibility wording says less than £100,000, so confirm the plan at the exact boundary. Junior ISA/family features require Plus or Premium. Fund trades cost £3.99 on Core, £1.49 on Plus and are free on Premium. UK/US share trades are £3.99 on Core/Plus or £2.99 on Premium, before included trades and other applicable charges. The table excludes temporary offers.
Vanguard: Excludes fund charges. Fees shown are for the self-managed Personal Pension. A minimum platform fee of £4/month applies to pots under £32,000 (so £25k pays £48/year, exceeding the 0.15% rate of £37.50). Vanguard also offers a Managed Personal Pension which adds a 0.30% management fee on top of the 0.15% account fee. Account fee is not charged on uninvested cash.
- •Most providers quote a platform fee that excludes fund charges (OCF), which are additional and vary by fund choice. A few — NEST, Royal London and PensionBee — include fund management in the selected charge, while other costs can still apply. Headline figures are therefore not always comparable between providers.
- •Fee structures change without notice. Always verify current fees on the provider's website.
- •The lowest platform fee is only one comparison point. Fund range, service, platform features, investment choice, and product restrictions also matter.
- •Before transferring any pension, check for exit fees, guaranteed annuity rates, employer contributions, and protected tax-free cash.
- •This comparison is factual information based on published fee schedules, not a recommendation to choose either provider.
- •If you're unsure which provider is right for you, speak to an FCA-regulated financial adviser.
This comparison describes selected published pension charges. It is general information, not a recommendation to choose or transfer to either provider.