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Find out more about our fees and chargesDownload our Fidelity Pricing Guide
Access a wide range of investment opportunities beyond your tax-efficient allowances.
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 service fee is not payable on any cash you hold in a self-invested personal pension (SIPP) if:
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||£25|
|£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 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, 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.
Cash in the Fidelity SIPP is currently held either in a ‘SIPP Cash Account’ or as ‘Cash Within Your Account’.
If you have NOT yet received a letter from us saying your Fidelity SIPP has moved to our new system, you will have a SIPP Cash Account.
If you have received a letter from us saying your Fidelity SIPP has moved to our new system, you will have ‘Cash Within Your Account’.
In addition to our standard service fee, we reserve the right to retain part of the interest we receive from the bank(s) we deposit your money with to cover the cost of administering these cash balances.
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.
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)|
These fees does not apply to customers using an adviser please see below.
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.