Freedom Isn’t Free UK Personal Finance
Pensions
Hargreaves Lansdown SIPP: Charges and How It Works
The Hargreaves Lansdown SIPP is the UK largest self-invested personal pension. From 1 March 2026 the annual charge is 0.35% on funds, capped at GBP 150 a year on shares, with fund deals at GBP 1.95 and share deals at GBP 6.95. It is feature-rich but still pricier than the cheapest fund rivals.
Hargreaves Lansdown SIPP charges (from 1 March 2026)
| Feature | Detail |
|---|---|
| Account type | Self-invested personal pension (defined contribution) |
| Annual charge (funds) | 0.35% on the first GBP 250,000, tiering down on larger pots |
| Annual charge (shares, ETFs, investment trusts) | 0.35% but capped at GBP 150 a year in a SIPP |
| Fund dealing | GBP 1.95 online, free via monthly regular investing |
| Share dealing | GBP 6.95 online |
| Ready-made option | Yes - the HL Ready-Made Pension Plan |
| Access age | 55, rising to 57 on 6 April 2028 |
| Protection | FCA-regulated; FSCS up to GBP 85,000 per person if the provider fails (the investment cap, not the GBP 120,000 deposit cap) |