Important information - the value of investments can go down as well as up, so you may not get back what you invest. Eligibility to invest in a SIPP and tax treatment depends on personal circumstances and all tax rules may change in the future. You cannot normally access money in a SIPP until age 55 (57 from 2028). It's important to understand that pension transfers are a complex area and may not be suitable for everyone. Please note that our guidance tools are not a personal recommendation in respect of a particular investment. You should regularly reassess the suitability of your investments to ensure they continue to meet your attitude to risk and investment goals. If you are unsure about the suitability of an investment you should speak to one of Fidelity's advisers or an authorised financial adviser of your choice.
Benefit from our low 0.35% service fee if you invest more than £25,000, or set up a regular savings plan. For example:
Service fee
0.35%The fee you pay for holding accounts with Fidelity
On savings of
£1,000Saved over one year with a regular savings plan
Would amount to
= £1.90This is a simplified example, the actual fee you will pay will vary depending on how your investments perform. If you hold less than £25,000 with Fidelity and do not have a regular savings plan, our service fee is £90 (£7.50 a month) for the year.
In addition to our service fee, there may also be charges set by the company managing your funds, and there will be additional charges for any share dealing you engage in. For more details, please visit our main fees and charges page.
Please read the Doing Business with Fidelity document for more detail on our fees and charges.
| Value of investments | Service fee (annual amount or %) |
|---|---|
| Less than £25,000 | 0.35% if you have a regular savings plan or £90 (£7.50 a month) if you don't |
| £25,000 or more but less than £250,000 | 0.35% |
| £250,000 or more but less than £1 million | 0.20% |
| £1 million+ | 0.20% a year for the first £1 million and no service fee for investments over £1 million. This means the maximum fee you will ever pay for all of your personal accounts is £2,000 a year. |
The same service fee is charged across all of your investments. So, if you hold £300,000 - the fee would be 0.20% across the full amount. For exchange-traded instruments, this portion of the fee is capped at £90 (£7.50 a month) and there is no service fee for these investments when held in the Fidelity Investment Account. There’s also no fee for investments held in a Junior ISA or Junior SIPP.
When you pay service fees, they are always taken from your Cash Management Account.
Ongoing fund charges are set by the companies who manage the funds and start from 0.05%.
Some funds may also have:
We’ve negotiated discounted ongoing charges on hundreds of funds on our platform. We recommend checking each investment's factsheet for more information, as investment charges as can differ between funds.
Download the Doing Business with Fidelity document for more fees and charges information.
Cash in your Fidelity accounts is currently held as ‘Cash Within Your Account’.
We currently don’t charge a service fee on Cash Within Your Account. However, we reserve the right to retain an amount of the interest received from the bank(s) we deposit your money with to cover the cost of administering these cash balances. Please go to www.fidelity.co.uk/cash for further details.
1Source: Fidelity International at 31.12.2020
ISA, SIPP and Investment Accounts
We'll be in touch with all of our customers to inform you of these changes formally, or to find out more now, you can read our Doing Business With Fidelity document.
Our quick and easy-to-use calculator will estimate your fees within a couple of minutes. As investment charges vary depending on which fund you invest in, this tool is only meant as a guide. If your needs are more complex, consider talking to our financial advisers.
What could my fees be?
