Skip to main content
  • Register
  • Help
  • Contact us

Junior SIPP Charges

Important information - A Junior SIPP is a type of pension for people happy to make their own investment decisions. Investments go down in value as well as up so your child could get back less than is invested. The rules mentioned are those currently applying and could change in the future. The money can normally only be accessed from age 55 (57 from 2028). Tax reliefs depend on your child's circumstances. This website is not personal advice, if you are unsure an investment is right for you or your child, please seek advice.

Our Junior SIPP is free to set up and low cost to run and your child could also benefit from super-low fund charges .

  • Set up - No charge
  • Transfers in* - No charge
  • Contributions - No charge
  • Account inactivity - No charge

* Before you transfer please ensure your child will not lose any valuable guarantees or incur excessive exit fees. Unless otherwise arranged transfers will be made as cash so you will be out of the market for a period.

Annual management charges


This charge applies to each Vantage account separately. It is tiered within bands: 0.45% per annum on the first £250,000 of funds; 0.25% for funds between £250,000 and £1m; 0.1% for funds between £1m and £2m, and no charge on the value of funds over £2m.



£0 - £250,000
£250,000 to £1m
£1m to £2m
Over £2m


No charge

Shares, investment
trusts, ETFs, gilts
& bonds

0.45% a year (capped at £200 a year
across all holdings in the account)

Note: The investments you choose may have their own initial and annual charges and a bid offer spread. Hargreaves Lansdown receives commission from some fund groups for arranging and administering your investments. Details are available in our key features document, the trading pages of our website and on our contract notes.

Dealing charges (per deal)

Fund dealing

(unit trusts and OEICs)

Online, phone and post dealing

No charge

We also offer up to a 5.5% saving on the initial charges made by the fund manager

Reinvestment of income

1% (£1 minimum, £10 maximum)

In each account, if you choose automatic reinvestment, any dividends or other income received will be reinvested once they reach £10 per holding.

Share dealing

(shares, exchange traded funds and investment trusts)

Online and mobile app


Phone and post dealing

1% (£20 minimum, £50 maximum)

Please note: most residual stocks, bonds, gilts, VCTs and PIBS can only be dealt over the phone.

Equity regular savings

£1.50 per stock per month

Available on FTSE 350 shares and eligible investment trusts subject to a minimum of £25 per stock per month.

Reinvestment of income

1% (£1 minimum, £10 maximum)

In each account, if you choose automatic reinvestment, any dividends or other income received will be reinvested once they reach £10 per holding.

  • UK Stamp duty


    Purchase of UK shares (rounded up to the nearest £5 for residual shares)

    PTM (Panel on Takeovers & Mergers)


    UK share deals over £10,000

    Irish Stamp duty


    Purchase of Irish shares

    French Financial Transactions Tax


    Purchase of French shares

    Italian Financial Transactions Tax


    Purchase of Italian shares

  • Value of trade

    Additional spread

    £0 - £24,999
    £25,000 - £49,999
    £50,000 - £99,999

    Overseas shares covered by the Hargreaves Lansdown Overseas Share Dealing Service are traded at our standard charges (above) and can be traded online, by phone or post. They will be dealt at the overseas market price and converted into sterling by either Hargreaves Lansdown or a UK-based market maker, at a rate based on the prevailing interbank exchange rate to which a fee will be added by Hargreaves Lansdown or the UK-based market maker, as applicable, through an additional spread of up to 1.5%. The additional spread will depend on the size of the deal, as per the table above. This fee is to cover the costs incurred in facilitating the Overseas Share Dealing Service. Further details are available on request.

Account administration

Standard account closure fee

£25 + VAT

(Does not apply if funds are transferred to another Hargreaves Lansdown account)

Transfer out to another provider (as cash)


Transfer out to another provider (as stock)

£25 per holding

Cash transfer from other Vantage account

No charge

Limit orders

No charge

Automated sales to cover charges
(selling fund units or shares to meet fees)

£1.50 per deal

6 monthly statement and valuation

No charge

6 monthly statement and
valuation (paper)

£10 + VAT per statement &

Taking SIPP Benefits

See Vantage SIPP charges.

Not usually possible until age 55 (57 from 2028).

How we collect fees

We make it as easy as possible by collecting fees automatically from your child's account.

We will always try to take fees first from cash in your child’s Loyalty Bonus account. You can top this account up over the phone with a debit card – simply call us on 0117 980 9926. Please note that topping up this account does not count as a contribution to their Junior SIPP.

If there is insufficient cash in the Loyalty Bonus account, the fees will be collected from any cash in your child’s Junior SIPP. The “Suggested Minimum Cash Balance” gives you an idea of how much you should hold to meet future fees. It is just a suggestion and you can ignore if it you wish.

As a last resort, if there is no cash in the Loyalty Bonus account or Junior SIPP we will sell holdings to cover the amount owed and restore the minimum cash balance. There will be a small charge of £1.50 per deal. We will normally sell units of the largest fund holding first. If, for whatever reason, we are unable to sell units of the largest fund holding, we will sell units in the next largest fund holding and, if your child doesn't hold funds, we may sell part of other holdings.

Cash held within the Vantage Junior SIPP

If you're unsure where to invest or just want to sit out of the market, you can hold cash within your child's Junior SIPP.

  • No up-front or annual running costs to hold cash.

Current rates of interest paid on cash in the Vantage Junior SIPP

For full cost details see our Terms & Conditions.