Fidelity Junior SIPP

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

A Fidelity Junior Self-Invested Personal Pension (Junior SIPP) is a tax-efficient way to start building a nest-egg for your child.

Manage an existing Junior SIPP
Open Junior SIPP

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. Withdrawals from a Junior SIPP will not normally be possible until the child reaches age 55.

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 in their old age. And, thanks to government tax relief, paying in only £2,880 will see £3,600 added to the child's Junior SIPP account.

Investment growth shown from birth to retirement.

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.

Clear and simple pricing

Our pricing has no hidden charges or fees, so you know exactly what you pay for and when you pay it.

  • One flat-rate fee of £25 a year if you’ve got less than £7,500 invested – that’s only £2.08 a month
  • Or a standard service fee of 0.35%
  • Drops down to 0.2% if you’ve more than £250,000 invested

How Junior SIPP works

Parent and girl

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

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

Grandmother and Grandchild

You, or anyone else, can contribute up to £2,880 a year.

Contributions up to this amount will benefit from basic rate tax relief (currently 20%) from the government.

Coffee and cake

Tax relief means we claim and add another £20 from the government for every £80 paid in.

This means up to £3,600 can be invested with only £2,880 needing to be paid in.

18th birthday cake

Control over the investments passes to the child when they turn 18.

The money is locked away until retirement age (usually after 55) at which point there will be a few ways to take the pension.

The value of investments can go down as well as up, and you may get back less than you invest. The eligibility to invest in a pension depends on individual circumstances and all tax rules may change in the future. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. You will not normally be able to withdraw money from a pension until you are 55.