AJ Bell today announces a reduction in charges for its Ready-made pension, cutting fees for both new and existing customers from 0.45% to 0.35%, making it even easier for people to combine pensions and take control of their retirement savings.
Independent analysis from Boring Money shows AJ Bell’s Ready-made pension to be one of the lowest-cost products available to DIY pension investors, costing less than half as much as some comparable products (see table)*.
Launched in 2024, the Ready-made pension provides an easy-to-use online service with low costs, helping customers find, consolidate and invest their pensions in one place.
The 0.35% all-in fee covers both administration and investment charges, with no additional charges for buying and selling investments.
AJ Bell’s Ready-made pension offers a free pension finding service. Using a UK National Insurance number and basic employment history, the service helps Ready-made pension customers track down lost pensions and combine them into a single account. Consolidating pensions can make retirement savings easier to manage and give savers a clearer view of their long-term financial future.
The Ready-made pension fee reduction is part of AJ Bell’s long-standing commitment to sharing economies of scale with customers, combining low overall investment costs with excellent service and easy-to-use products that help people feel more confident about managing their money.
AJ Bell D2C managing director, Shaun Yates, says:
“Many people have accumulated several pension pots over the course of their career and it can be surprisingly easy to lose track of them. Keeping on top of multiple accounts often leaves people unsure whether their savings are working as hard as they could be.
“Our Ready-made pension is designed to make finding, combining and managing pensions as simple as possible. We do much of the hard work involved in the consolidation process, giving customers a clear picture of their retirement savings.
“Keeping charges low is absolutely crucial for retirement savers because every pound saved in fees remains invested for the future. This charge cut demonstrates our long-term commitment to reducing costs as we grow and helping customers get more from their retirement savings.”
Ready-made pension charges
*Boring Money, September 2026. Boring Money Insights is an independent financial and investment research, data and publishing business. Analysis reviewed fees for the most aligned ready-made pension product (RMPP) offered by mainstream providers. **no regular savings plan assumed