Provider fees

PensionBee pension fees and charges

Product record reviewed: 2026-04-29 · Fee schedule checked: 2026-09-11 · Source: provider fee page

Direct answer: PensionBee charges 0.50%–0.95% depending on plan (Tracker 0.50%, Global Leaders 0.70%, Climate 0.75%, 4Plus 0.85%, Shariah 0.95%). Fee is halved above £100k on all plans.. On a £100,000 pot that is £500/year in annual provider/platform fee, and on a £500,000 pot it is £1,500/year. Fund charges and product-specific caveats may apply.

Fee model

0.50%–0.95% depending on plan (Tracker 0.50%, Global Leaders 0.70%, Climate 0.75%, 4Plus 0.85%, Shariah 0.95%). Fee is halved above £100k on all plans.

Percentage (varies by plan) · SIPP available · Retail only

Annual representative charge by pot size

Annual figures displayed to the nearest pound. Representative provider/platform charge. Fund charges and adviser charges may be additional unless the provider note says they are included: Fund management is included in the AMC; investment transaction costs are separate

Note: Tracker is shown; other plans have different charges. Fund management is included in the AMC, but investment transaction costs and switching spreads are separate. A £150 full-withdrawal charge can apply. The fee page’s small-balance wording differs between sections, so confirm its application to your account before a full withdrawal.

PensionBee offers managed plans with different annual management charges. The table uses Tracker at 0.50%, with half that rate on the portion above £100,000. Fund management is included, while investment transaction costs are separate. This charge covers a different service from a self-directed platform fee that excludes fund management. A comparison needs the selected plan, investment costs and any withdrawal charges.

Strengths

+Published plan-specific management charges
+Half rate on the portion above £100,000

Limitations

–Investment transaction costs are additional
–Full-withdrawal charges can apply

Details

Fund rangePre-built plans (Tracker, Global Leaders, 4Plus, Climate, Shariah, Preserve) — no individual fund or share selection

Minimum investmentNo minimum

Typical fund OCFFund management is included in the AMC; investment transaction costs are separate

SIPP/direct pensionSIPP available

Compare PensionBee pension fees with

PensionBee vs HL PensionBee vs Vanguard PensionBee vs ii PensionBee vs AJ Bell PensionBee vs InvestEngine PensionBee vs Nutmeg PensionBee vs Fidelity PensionBee vs NEST

PensionBee pension fees FAQ

What are PensionBee pension charges in 2026?

PensionBee's representative published charging model is: 0.50%–0.95% depending on plan (Tracker 0.50%, Global Leaders 0.70%, Climate 0.75%, 4Plus 0.85%, Shariah 0.95%). Fee is halved above £100k on all plans.. 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.

Is PensionBee a SIPP?

PensionBee is a personal pension provider focused on combining old pensions into managed plans. It is not a self-directed SIPP platform in the same way as AJ Bell or Interactive Investor because users choose from PensionBee plans rather than individual funds and shares.

How do PensionBee fees compare with AJ Bell and Vanguard?

PensionBee's charges vary by plan and are simple to understand, while AJ Bell and Vanguard are self-directed platforms with different fee structures and investment ranges. The comparison is not only price: investment choice, service model, transfer process and whether you want managed plans all matter.

All providers

HL Vanguard ii AJ BellPensionBeeFidelity Aviva NEST InvestEngine Nutmeg Royal London Sc. Widows Std Life L&G Aegon

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.