InvestEngine vs Nutmeg pension fees
At a constant £100,000 invested balance, the representative charge for InvestEngine is £0/year and for Nutmeg is £750/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.
InvestEngine: Excludes fund charges. The table represents DIY portfolios. Managed and LifePlan portfolios add a 0.25% annual management charge. ETF charges and market spreads are separate investment costs; they are not InvestEngine revenue. Check the chosen portfolio and ETFs for actual costs.
Nutmeg: Excludes fund charges. Managed Investment Styles use 0.75% on the first £100,000 and 0.35% on the excess. Fixed Allocation uses 0.45% and 0.25% and is calculated separately. Fund costs and spreads are additional. The legal schedule charges £20 per line of stock for an agreed in-specie transfer; financial planning/advice services have separate fees.
- •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.