What are the investment charges?
Before investing, it’s important that you know what charges you can expect to pay.
These apply to any investment you make in our SIPP, Stocks & Shares ISA and Investment Account.
Importantly, there's no charge for opening these with us, or for transferring any investments to us from elsewhere. You may be charged by your existing provider for leaving them.
However, once your investment with us is up and running, you can expect to pay the relevant charges shown below. We’ve tried to make our charges as clear as possible and we’ll explain how they work here.
Aviva Charge
This is our admin charge for holding any UK shares, ETFs, investment trusts or investment funds that you've picked from our selection of ready-made funds, our experts' shortlist or our full fund list.
Read more about these fund options.
You’ll pay an annual Aviva Charge of 0.35% of the total value of your investments held across your SIPP, Stocks & Shares ISA and Investment Account together, up to £500,000. This is calculated daily and taken monthly from each product separately.
Meet Chris
If Chris has £40,000 in our Stocks & Shares ISA, and another £60,000 in our SIPP, his total invested value would be £100,000.
His Aviva Charge will be 0.35% of this value and so he can expect to pay an Aviva Charge of £350 per year.
| Invested value of funds and UK shares, ETFs or investment trusts | Aviva Charge |
|---|---|
| The first £500,000 | 0.35% |
| Any part of the balance over £500,000 | 0% |
| Held cash | |
| Any value | No Aviva Charge |
Your cash account
What is it for?
You’ll have a cash account as part of your SIPP, Stocks & Shares ISA or Investment Account. It’s where you’ll transfer money ready to be invested, and it’s where any money will go once you sell any investments. Your cash account is also used to pay your Aviva Charge. If there isn’t enough cash to cover your charges, we’ll sell some of your investments instead.
What interest rate will I earn?
You won’t pay the Aviva Charge on cash held in your cash account. Instead, we’ll retain some of the interest you earn on that cash. The amount we retain will depend on the interest rate at the time.
To check the interest rate, you will currently earn and find out how we calculate what we will retain on your cash, you can read our cash interest factsheet to learn more.
Meet Sam
Sam's cash in her account earns an interest rate of 4.00% and she has £500 in her cash account.
Sam will keep 2.93% of this interest which is £1.22 per month.
We will retain 1.07% of this interest which is £0.45 per month.
Dealing charges
Fund dealing
Buying or selling funds is free with Aviva.
Share dealing
If you choose to buy or sell shares, ETFs, or investment trusts with Aviva, you’ll pay £4.99 per share trade.
How is it paid?
We take the share dealing fee from your cash account each time that you trade by deducting it from the amount you tell us you’re looking to trade. The number of trades you make is up to you. Find out more about share dealing here.
Fund Management Charge
If you choose to invest in funds, each fund you invest in will have an annual management charge to cover running costs which is included in the price of the fund. You’ll be able to see this charge when you choose your fund and can always find it in the Key Investor Information Document (KIID) or on your statement, as an ongoing charges figure (OCF).
To get an idea of what fund management charges might look like for different funds, you can read more about our investment fund options here.
Other charges to be aware of
- UK Stamp Duty Reserve Tax (0.5%) is paid on the purchase of most UK shares online - it's automatically deducted and paid to HMRC.
- The Panel on Takeovers and Mergers Levy £1.50 on trades over £10,000 - it's taken automatically and paid to the Takeover Panel. The Panel's role is to ensure all shareholders are treated equally during takeover bids.
- Performance fees are sometimes charged, more commonly with investment trusts, depending on how well a fund performs. This fee can be found in the Key Investor Information Document, which you can see when choosing your funds.
Try our charges calculator
At Aviva we want our charges to be clear and simple. With our calculator you can estimate our Aviva Charge and share dealing fees in seconds.
Investment charges FAQs
What will my exact Aviva Charge look like?
Which investment products count when calculating my total Aviva Charge?
How is the Aviva Charge calculated and paid?
How do you take a margin from the interest earned on cash?
Product documents
Aviva Pension (SIPP)
Ways to invest with us
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