Pension Bible
Provider fees

Aviva pension fees and charges

Last verified: Q2 2026 · Source: provider fee page

Direct answer: Aviva charges 0.35% on investments up to £500,000 (whole pot), 0% above £500,000. On a £100,000 pot that is £350/year in annual provider/platform fee, and on a £500,000 pot it is £1,750/year. Fund charges and product-specific caveats may apply.

Fee model
0.35% on investments up to £500,000 (whole pot), 0% above £500,000
Tiered percentage (whole-pot, capped) · SIPP available · Workplace available
Annual representative charge by pot size
Representative provider/platform charge. Fund charges and adviser charges may be additional unless the provider note says they are included: 0.06%–1.5% depending on fund choice
Note: Fees shown are for the consumer-facing Aviva Pension (SIPP). The Aviva Charge applies only to invested assets — cash held in the account isn't charged but Aviva retains a slice of the interest earned. Share/ETF/investment trust dealing is £4.99 flat per trade. Legacy products (the adviser-platform Aviva Pension Portfolio, former Friends Life or Norwich Union policies) use different — often more expensive — fee schedules; check your specific product.

Aviva is one of the UK's largest insurers and pension providers, with significant presence in both workplace and retail pensions. The consumer Aviva Pension (SIPP) charges a flat 0.35% on the whole pot up to £500,000, with no charge on the balance above that — so the Aviva Charge is capped at £1,750/year. UK shares, ETFs and investment trusts can be traded for £4.99 flat per deal, and there are no fund dealing charges. Aviva's main strength is the breadth of its product suite — pension, ISA, life insurance, and general insurance under one roof. For investors who value having everything in one place, Aviva is convenient; the £500k cap also makes it surprisingly competitive on very large pots. For smaller pots, Vanguard, ii or AJ Bell tend to come in cheaper. Aviva workplace pension charges are negotiated by the employer and typically lower.

Strengths
  • +No fund dealing charges
  • +Annual charge capped at £1,750 (no fee above £500k)
  • +Broad product suite (pension + ISA + insurance)
  • +Strong workplace pension presence
Limitations
  • 0.35% rate is more expensive than specialist SIPP providers at sub-£500k pots
  • £4.99 per share/ETF/IT trade adds up for active traders
  • Legacy products (Friends Life, Norwich Union, adviser-platform Pension Portfolio) use entirely different fee schedules
Details
Fund range1,500+ funds plus UK shares, ETFs and investment trusts
Minimum investment£50/month or £500 lump sum
Typical fund OCF0.06%–1.5% depending on fund choice
SIPP/direct pensionSIPP available
Compare Aviva pension fees with
Aviva pension fees FAQ

What are Aviva pension charges in 2026?

Aviva's representative published charging model is: 0.35% on investments up to £500,000 (whole pot), 0% above £500,000. The figures on this page show provider/platform/admin charges by pot size. Fund charges, adviser charges, workplace terms and product-specific charges may differ, so check the provider fee schedule before acting.

Things to consider
  • Fees shown are representative provider, platform or admin charges. Some rows are platform/admin fees only; Royal London's Governed Range AMC includes Royal London fund management.
  • Fee structures change without notice. Always verify the current fee on the provider's website before making any decision.
  • The lowest headline fee is only one comparison point. Fund range, service, platform features, investment choice, adviser access, and product restrictions also matter.
  • Transferring a pension may involve exit fees, loss of guaranteed benefits, or loss of employer contributions. Check before you transfer.
  • This page is factual information based on published fee schedules, not a recommendation to use or avoid any provider.
  • For personal recommendations, speak to an FCA-regulated financial adviser and check the FCA register.
This provider comparison is general information based on published charge schedules, not financial advice or a personal recommendation. Verify current fees and product terms with the provider and check FCA authorisation before acting.