AJ Bell SIPP Review 2026

AJ Bell's competitive fees, broad investment range and flexible retirement access make it the strongest all-round consumer SIPP assessed.

Its fees suit investors whose portfolios change over time. Funds use tiered pricing, while the £120 annual custody cap prevents charges on shares and ETFs from rising with a growing portfolio.

The range covers simple index funds, active funds, shares, ETFs and investment trusts. Most investors can change strategy without changing provider.

AJ Bell charges no extra fee for flexi-access drawdown. Platform, investment and dealing charges still apply, but retirement does not add a separate drawdown layer.

Dealing fees are its main weakness because frequent traders need to account for a full year of purchases and sales. AJ Bell remains the strongest all-round choice for long-term investors moving from accumulation into drawdown.