Services
Our accounts
What we offer
I want to...
Guidance & tools
Get started
Get started
Investing basics Are you ready to invest? Choose an account Invest for Life videos
Guides
Pensions & retirement
Saving
Planning
Planning
Things to consider Choosing income options Taking tax-free cash
Guidance & advice
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.
Transferring a Junior SIPP so you can see it alongside your existing Fidelity accounts can help you track your savings and plan for your family’s collective future more effectively. It could also be cheaper, as we do not charge a service fee on investments held in junior accounts.
Important information - please keep in mind that the value of investments can fall as well as rise, so you may get back less than you invest.. Pension transfers are a complex area and may not be suitable for everyone. Before going ahead with a Junior SIPP transfer, we strongly recommend that you undertake a full comparison of the benefits, charges and features offered.
Junior SIPP transfers must be done as cash, which may mean you are out of the market while the process takes place. Withdrawals from a Junior SIPP will not normally be possible until the child reaches age 55.
If you are in any doubt whether or not a pension transfer is suitable for your circumstances we strongly suggest that you seek advice from an authorised financial adviser. To find out what else you should consider before transferring, please read our pension transfer factsheet.
Start your transfer now
Bringing your family’s pensions under one roof can make them easier to manage, while helping you keep an eye on costs, and give you access to a wealth of Fidelity guidance.
Transfer a Junior SIPP
Please download and print the transfer form, fill in and send it to the address on the form.
You will need
- Details of the pension(s) you'd like to transfer to us
- Bank or building society details for any new payments into your Junior SIPP
Please speak to your adviser
Please contact your adviser directly if you would like to make changes to an existing account or open a new one
How do I transfer a Junior SIPP?
To start the transfer process, simply download the form by clicking the link in the box above.
Once you’ve completed the form, send it back to us via the address found on the form.
When we receive your transfer application we’ll send you a confirmation, then we'll contact your existing provider(s) to arrange for your investments to be brought to your Fidelity Junior SIPP as cash.
As your investments must be transferred as cash, please be aware that you may be out of the market while the transfer takes place, so you could miss out on any growth or income that occurs while we complete your request.
How long does it take to transfer my pension?
The transfer should take about 10 working days, if your current provider acts promptly and has signed up to an industry-accepted, paperless transfer service; if the provider hasn’t signed up for paperless transfer it could take up to 10 weeks, possibly more.
Please remember that, once the transfer has begun, you may be unable to switch, top up or sell the investments you’re moving until the process is complete.
Is there a minimum transfer value?
No, we don’t require a minimum value when transferring a Junior SIPP to us.
1Source: Fidelity International at 31.03.2020
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.