Hargreaves Lansdown to reprice its platform fees

Hargreaves Lansdown has repriced its platform fees, with the new pricing plan effective from 1 March 2026¹. The change applies to charges on its accounts, including its Self-Invested Personal Pension (SIPP) and Stocks and Shares ISA¹.

The announcement has been used by rival platform interactive investor to publish fee comparisons. It says someone with £75,000 in a Stocks and Shares ISA could save £192 in the long run compared with Hargreaves Lansdown, based on published ISA charges as at 1 February 2026 and Hargreaves Lansdown's new pricing plan effective 1 March 2026¹. The comparison assumes 50% of ISA investments held in funds and 50% in equities, two equity and two fund trades a year, and 12 regular equity and 12 regular fund trades a year; it covers a single year and excludes fund manager charges¹. Interactive investor's own flat monthly pension fees are £5.99 a month for pensions up to £100,000 and £14.99 a month for pensions over £100,000².

Interactive investor says it has seen an almost 200% increase in transfer ins from Hargreaves Lansdown across SIPPs, ISAs and General Investment Accounts, comparing the week of 26 January to 2 February 2026 with the week prior¹. Its pension comparison page states that Hargreaves Lansdown SIPP charges are based on the new pricing plan effective 1 March 2026, with annual charge comparisons based on published SIPP charges on 1 February 2026 for the Aviva SIPP, Standard Life SIPP (Level 2 Investment Options) and AJ Bell SIPP².

Almost one third (32%) said they want more transparent fees, 43% said they are more likely to move for lower fees, and 31% would move to have investments in one place¹.

Why it matters for households

Anyone holding a Hargreaves Lansdown account, including a stocks and shares ISA or a SIPP, is affected by the new pricing plan from 1 March 2026¹. Platform fees are charged on top of fund manager charges, which the published comparisons exclude¹. For pensions, money usually cannot be withdrawn until age 55, rising to 57 from 2028¹. Interactive investor's comparison table lists no transfer out exit fees for its own SIPP, Aviva and Standard Life, and notes that older or legacy products could have different features and charging structures not reflected in the table². It also advises checking for exit fees and for benefits such as guaranteed annuity rates, a lower protected pension age or matching employer contributions before transferring a pension².

What happens next

The new Hargreaves Lansdown pricing plan takes effect on 1 March 2026¹. Interactive investor's ISA and SIPP calculators compare its fees with Hargreaves Lansdown's new fees¹. No further dated steps from Hargreaves Lansdown have been reported.

You can read more on Hargreaves Lansdown, investment platform fees and charges and ISA fees and charges, including the Hargreaves Lansdown Fund and Share Account and the Hargreaves Lansdown Lifetime ISA.