Compare AJ Bell Pensions

AJ Bell Pensions logo
  • The flexibility to decide how your pension is invested.
  • Choose from funds, shares, ETFs, investment trusts and corporate bonds.
  • Contribute lump sums or make regular payments to your pension.
Browse AJ Bell Pensions FAQs

The value of a pension can rise and fall, as such your capital is at risk and you may get back less than you invest. Past performance is no guarantee of future results. Standard pension rules apply.

Compare AJ Bell Pensions

  • AJ Bell logo

    AJ Bell

    • Min Investment
      £500
    • Investment Type
      Self Select
    • Annual Fees
      Custody charges 0% to 0.25%
      Buy/sell fees apply
    • Open or Transfer
      Both
    • Access
      App, Online & Telephone

Other pension providers

  • PensionBee logo

    PensionBee

    • Min Investment
      No minimum
    • Investment Type
      Managed
    • Annual Fees
      0.28% to 0.95%
    • Open or Transfer
      Both
    • Access
      App, Online & Telephone
  • Interactive Investor logo

    Interactive Investor

    • Min Investment
      No minimum
    • Investment Type
      Self Select
    • Annual Fees
      £239.88
      Buy/sell fees apply
    • Open or Transfer
      Both
    • Access
      App, Online & Telephone
  • Hargreaves Lansdown logo

    Hargreaves Lansdown

    • Min Investment
      Lump sums: £100
      Monthly: £25
      Transfers: £1,000
    • Investment Type
      Self Select
    • Annual Fees
      Up to 0.45%
      Other fees may apply
    • Open or Transfer
      Both
    • Access
      App, Online, Telephone & Post
  • Fidelity logo

    Fidelity SIPP (Self-Invested Personal Pension)

    • Min Investment
      Lump sums: £800
      Monthly: £20
      Transfers: £1,000
    • Investment Type
      Self Select
    • Annual Fees
      Up to 0.35%
      Other fees may apply*
    • Open or Transfer
      Both
    • Access
      App, Online & Telephone

This table is initially ranked by commercial agreements in place with the providers. This does not constitute advice or recommendation for any firm featured. The table can be reordered A-Z.

A firm's Annual Fee alone is not representative of the total fees you will incur. Fee structures between providers vary greatly. Some bundle their investment costs with the annual fee they charge, whilst for others this is separate. Other providers charge a fixed fee or may charge on a percentage amount. Percentage based fees can be impacted by tiering where you receive a discount on the fee charged on a portion of your balance in excess of a predefined threshold. You should always check the fees that will be charged based on your own situation and investment choice.

Nerdwallet UK does not provide advice or recommendations in respect of the suitability of pensions or firms that operate within the pensions sector. The content of this page is simply informative and presented to give you an overview of a selection of firms that may be able to help further regarding pensions requirements, depending on your personal circumstances.

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Last updated on 15 July 2021.

AJ Bell Pensions FAQs

What is an AJ Bell pension?

AJ Bell began in 1995 and offers a range of investment and stockbroker services, including pensions, to help people save towards their retirement. It provides SIPPs - Self-Invested Personal Pensions - through AJ Bell Youinvest, which allow you to choose how much you want to save in your pension fund and how these funds are invested.

How do AJ Bell pensions work?

To contribute to your AJ Bell pension, you can transfer lump sums or make regular payments. When you are ready, you can then choose how and where you invest your money. You could decide on your investments and manage your portfolio yourself, or, for an extra fee, you could get some help from AJ Bell on choosing and managing your investments.

What funds do AJ Bell offer?

AJ Bell offers a wide range of funds, shares, ETFs, investment trusts and corporate bonds that you can choose to invest in. However, although the goal is for your investments to grow in value to increase your pension pot, there is a risk that they could fall in value.

What is the AJ Bell drawdown scheme?

The AJ Bell pension drawdown scheme is one way for you to access your pension. You can take out up to 25% of the total amount of your funds tax-free, then move your SIPP into a drawdown pension. Your funds will be invested, and you can choose how much and how often you receive your retirement income from this source. As your funds remain invested, their value could go up or down.

What are the AJ Bell pension charges?

There are no fees to pay to open a SIPP with AJ Bell. However, AJ Bell charges annual custody fees for shares and funds, which will be a percentage of the amount you hold in your SIPP account. You will also be charged for buying and selling investments, the cost of which will depend on the type of investment, as well as a range of other fees for certain activities.

How does AJ Bell pension tax relief work?

As with any pension, you can claim 20% basic-rate tax relief on any pension contribution you make into your AJ Bell pension. AJ Bell will claim this relief from HMRC and automatically pay it into your SIPP. You can get tax relief on your pension contributions up to the amount you earn in a year or the set annual allowance, whichever is lower. Higher-rate taxpayers can claim further tax relief by submitting a self-assessment to HMRC.

How do AJ Bell pension transfers work?

You can transfer many types of UK pensions into an AJ Bell SIPP. To do this, you will need to get a SIPP with AJ Bell, and then you can input the information about the pension you want to transfer into this account. Transferring pension funds may mean losing significant benefits. If in doubt, always seek qualified professional advice.

Where can I find AJ Bell pension reviews?

You can find independent reviews on AJ Bell pensions on sites such as Trustpilot.

Transferring pension funds may mean losing significant benefits. If in doubt, always seek qualified, professional advice. Services offered by this provider may change over time. Always check Ts&Cs.