NEST vs Vanguard pension fees
Direct answer: at a £100,000 pension pot, NEST costs £300/year and Vanguard costs £150/year as each provider publishes them. These two quote charges on different bases, so the headline figures are not comparable. At £100,000, NEST costs £300 all-in and Vanguard costs £210–£940 once fund charges are added.
- •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 — quote a single all-in charge that already includes fund costs. 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 calculator provides estimates based on 2026/27 tax rates and is not financial advice. Scottish taxpayers are subject to different income tax rates and bands. The calculations assume your salary is your only source of income and do not account for benefits in kind or other taxable income.
For personalised guidance on your pension contributions, speak to an FCA-regulated financial adviser. You can find one via Unbiased or VouchedFor.
By Pension Bible Editorial · Reviewed · Editorial standards