Generally, there is a handling fee for buying and selling pensions in Alipay. However, since there is more than one pension fund in Alipay, and each situation will be different, you can check the fund trading rules when purchasing, which are generally explained.
Generally, after opening Alipay, you can directly access to wealth management, then click More to find pension and click in the page to find pension investment in pension products, click More to query pension fund products, click the corresponding fund name, and click the trading rules on the page to view the buying rate and selling rate.
Take Alipay Huaxia Pension Fund as an example: the fees charged for selling the fund are related to the holding time of the fund. The selling rate of this fund is generally divided into 0~7 days, 7~30 days, 30~ 180 days and 180 days. The longer you hold the fund, the lower the selling rate. If you hold the fund for more than 180 days, you will be free of charge.
Suppose an investor buys a fund of 1 1,000 yuan and redeems it within seven days, then the fee to be charged is: 1 1,000 *1.5% =15 yuan, and the redemption fee is relatively expensive. Generally, it will be more cost-effective to hold the fee for a long time when you buy it.