Vanguard ISA fees, Junior ISA and SIPP charges explained

Vanguard charges £4 a month (£48 a year) while your total invested is under £32,000, then 0.15% a year, capped at £375. That works out at £48 on £10,000, £75 on £50,000, £150 on £100,000 and £375 on £250,000 or more. Fund costs come on top, from 0.06% to 0.79% a year depending on the fund. The ISA is flexible, so you can take money out and put it back in the same tax year.

Vanguard lists the Junior ISA fee as 0.15% a year, capped at £375, so £5,000 costs £7.50 a year plus fund costs. You can start with £100 a month or a one-off £500. Only a parent or legal guardian who lives in the UK can open one, though grandparents and others can pay in. A child who already has a Child Trust Fund cannot have one.

The Vanguard Personal Pension (its SIPP) uses the same account fee as the ISA: £48 a year under £32,000, then 0.15% capped at £375. Vanguard says there is no extra charge for drawdown. You need £500 to start or £100 a month. A payment to you by CHAPS costs £25, and a partial transfer out must leave at least £10,000 behind. The managed version adds a 0.30% management fee.

You pay one £4 monthly minimum across everything you hold, not £4 per account. Vanguard adds up your invested balances, charges £48 a year in total while that is under £32,000, and splits the fee between accounts in proportion to their size. So an ISA with £15,000 and a pension with £10,000 cost £48 a year between them, not £96. Cash is not charged, and the fee is taken every three months.

You can only hold Vanguard's own funds and ETFs, not individual shares or other managers' funds. There is no charge to buy, sell or switch funds. Vanguard ETFs carry a one-off bid-offer spread of 0.01% to 0.26%, and an optional quote-and-deal service costs £7.50 a trade. If you want shares or a wider fund choice, Vanguard does not offer them.

Your funds are held in a nominee account under FCA rules, separate from Vanguard's own money, and cash sits in trust accounts at an authorised bank. If Vanguard itself failed and there was a shortfall, the FSCS can pay up to £85,000 per person. Cash is protected up to £120,000 per person if the bank holding it fails. Investments can still fall in value, and no scheme protects against that.

Vanguard Asset Management scores 4.8 out of 5 on Trustpilot from 5,332 reviews, checked 12 October 2026. 74% of reviews give five stars and 11% give one star. A review score tells you about service and ease of use. It tells you nothing about returns, which depend on the funds you hold and on markets.