Read the guide
Find out more about our fees and chargesDownload our Fidelity Pricing Guide
Our statements are clear and easy to understand so you don’t have to waste time trying to figure it out. When you log in online, your transaction history will help you find and understand our service fee, and any charges, easily and transparently.
And did we mention all the award-winning guidance, on-the-go access and support with investing you get? That’s all included in our service fee.
We believe in giving you great value, so we charge an annual service fee, payable monthly, based on the value of all your investments. And did we mention all the award-winning guidance, on-the-go access and support with investing you get? That’s all included.
You can read more about it in the service fee section, linked at the top of the page.
Here are the things that we include in our standard, simple and transparent service fee, but which our competitors sometimes charge for.
|Set up charge||No charge|
|Annual charge||No charge|
|Account closure||No charge|
|Fund dealing charges (phone, online and paper)|
|Switching charge||No charge|
|Selling charge||No charge|
|Transfer charge||No charge|
|Tax relief re-investment into funds||No charge|
|Annual admin charges per capped drawdown account||No charge|
|Annual admin charges per flexible drawdown account||No charge|
|Transfer out to UK scheme||No charge|
|Transfer out to overseas scheme||No charge|
|Arranging death benefits||No charge|
|Triviality payment||No charge|
|Pension splitting on divorce||No charge|
|BACS payment||No charge|
|Printed valuation statement||No charge|
|Exit fees||No charge|
We believe in giving you great value, so we charge an annual service fee, payable monthly, based on the value of all your investments. And did we mention all the award-winning guidance, on-the-go access and support with investing you get? That’s all included in our service fee.
We add all your accounts together before we work out which fee band you’re in, meaning we’ll charge you the lowest rate.
The table below shows how this fee changes, as your investments increase.
To see this in more detail please read the Doing Business with Fidelity document.
|Total value of investments||Service fee (annual amount or rate)|
|Less than £7,500||0.35% if you have a regular savings plan or £45 if you don't|
|Less than £7,500, held in a Junior ISA/SIPP||0.35% if you have a regular savings plan or £25 if you don't|
|£7,500 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. No service fee for investments over £1 million|
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, and not 0.35% on the first £249,999 and then 0.20% a year on the remaining £50,001. For exchange traded instruments including investment trusts, this is capped at £45. There is no service fee for these investments held in the Fidelity Investment Account
Here are some scenarios, for illustrative purposes only, that show how we would calculate what you would be charged. If you have less than £7,500 in total there will be a flat fee of £45 a year (£25 for Junior ISA and Junior SIPP), although this changes to 0.35% if you have a monthly regular savings plan (RSP). We will usually collect this fee in arrears in monthly instalments of £3.75 (or £2.08 for Junior ISA and Junior SIPP).
|Amount invested||Annual service fees with monthly RSP||Annual service fees without monthly RSP|
|£5,000||£17.50 (0.35%)||£45 (flat fee)|
|£7,499||£26.24 (0.35%)||£45 (flat fee)|
The fees mentioned above are for investments held directly with Fidelity.
If you hold some investments through a financial adviser, then the charges will be different from the ones you hold directly with us.
We suggest you speak with your financial adviser to find out more about what charges and fees will be applied.
In some instances, the discount will be a payment that will be reinvested at the end of every quarter into the qualifying funds. Any rebates you receive in an Investment Account are potentially liable to income tax at your marginal tax rate.
In other instances, some funds have the discount built into the fund’s ongoing charges, so you pay a lower charge than usual. A list of the funds with lower ongoing charges will soon be available on this page as part of planned site improvements.