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Junior SIPP

Start saving just a small amount now on behalf of a child to make a real difference to their future.

Important information - please keep in mind that the value of investments can go down as well as up so you may not get back what you invest. Eligibility to invest in a Junior SIPP depends on personal circumstances and all tax rules may change in the future. Control over the investments pass on to the child once they turn 18 and withdrawals from a Junior SIPP will not normally be possible until the child reaches age 55.

What is a Junior SIPP?

  • A Junior Self-Invested Personal Pension (Junior SIPP) is a tax-efficient way to start building a nest-egg for your child.
  • Contribute lump sums, or start a regular savings plan from as little as £50 per month, with friends and family able to contribute too.
  • Invest up to £3,600 during the 2019/20 tax year and receive 20% government tax relief added to the account.

Our Junior SIPP

Open an account on behalf of your child to help secure their retirement and receive a statement and valuation every six months to keep track of how your investments are doing.

  • Invest your child’s Junior SIPP allowance in a wide range of funds, ETFs or investment trusts.
  • Get instant access to our investment expertise, market insight and planning tools. And our freephone UK and Ireland call centre is open six days a week.

Opening a Junior SIPP

Fill out the form we provide you with below, make a payment of at least £800, or start a regular savings plan from £50.

Start saving for your child's retirement today

Thanks to long-term growth potential and the effect of compounding, investing just £3,600 into a Junior SIPP when your child is born can make a huge difference to their retirement savings. And, thanks to government tax relief, paying in only £2,880 will see £3,600 added to the child's Junior SIPP account.


Tax rules and reliefs are likely to change between now and a child’s retirement and the eligibility to invest in a pension will depend on personal circumstances. The amount you might get back at 65 is only a projection, it's not guaranteed. Please remember, how your investments perform and the charges may affect the value of your investments and you may not get back the amount you invested. You will not normally be able to withdraw money from a pension until you are 55. 

How a Junior SIPP works


Opening a Junior SIPP

You can open a Junior SIPP for a child if you are their parent or guardian.

The account is held in the child’s name and the child must be under the age of 18.

Contribute up to £2,880 a year

You, or anyone else, can contribute up to £2,880 a year. These contributions will benefit from basic rate tax relief (currently 20%) from the government.


£20 tax relief for every £80 paid

Tax relief from the government means up to £3,600 can be invested with only £2,880 needing to be paid in.

Control passes to the child at 18

Control of the investments passes to the child when they turn 18, however the money is locked away until retirement age (usually after 55). At this point there will be a few ways to take the pension.


This information is not a personal recommendation for any particular product, service or course of action. If you are unsure about the suitability of a Junior SIPP for your personal circumstances, you should speak to an authorised financial adviser.