Provider comparison
InvestEngine vs PensionBee
Side-by-side fee comparison based on published fee schedules
InvestEngine
0% platform fee on both managed and DIY portfolios
Zero platform fee · 700+ ETFs
PensionBee
0.50% for most plans, 0.95% for 4Plus plan. Reduces to 0.4% above £100k on some plans.
Percentage (varies by plan) · 9 pre-built plans
Annual platform fee comparison
POT SIZE
InvestEngine
PensionBee
CHEAPER BY
£25,000
£0
£125
InvestEngine by £125/yr
£50,000
£0
£250
InvestEngine by £250/yr
£100,000
£0
£400
InvestEngine by £400/yr
£250,000
£0
£1,000
InvestEngine by £1,000/yr
£500,000
£0
£2,000
InvestEngine by £2,000/yr
£1,000,000
£0
£4,000
InvestEngine by £4,000/yr
Platform fees only. Fund charges are additional. Both providers shown on equal terms, sorted by cost at each pot size.
Key differences
InvestEngine
PensionBee
Fee model
Zero platform fee
Percentage (varies by plan)
Fund range
700+ ETFs
9 pre-built plans
SIPP
Yes
Yes
Workplace
No
No
Min investment
£100
No minimum
Things to consider
- •Fees shown are platform fees only. Fund-level charges (OCF) are additional and vary by fund choice.
- •Fee structures change without notice. Always verify current fees on the provider's website.
- •The cheapest provider is not always the best fit. Consider fund range, customer service, platform features, and the specific funds you want to hold.
- •Before transferring any pension, check for exit fees, guaranteed annuity rates, employer contributions, and protected tax-free cash.
- •This comparison is factual information based on published fee schedules, not a recommendation to choose either provider.
- •If you're unsure which provider is right for you, speak to an FCA-regulated financial adviser.
This calculator provides estimates based on 2025/26 tax rates and is not financial advice. Scottish taxpayers are subject to different income tax rates and bands. The calculations assume your salary is your only source of income and do not account for benefits in kind or other taxable income.
For personalised guidance on your pension contributions, speak to an FCA-regulated financial adviser. You can find one via Unbiased or VouchedFor.