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Junior Investment Account charges

  • No charge - To set up
  • No charge - Cash payments in
  • No charge - Transfers in
  • No charge - Account inactivity
  • No charge - Dividend collection
  • No charge - Interest collection
  • No charge - Income payments

Annual account charges


This charge applies to each HL 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

No charge

Note: The investments you choose may have their own initial and annual charges and a bid offer spread.

Dealing charges (per deal)

Fund dealing

Online, phone and post dealing
(unit trusts and OEICs)

No charge

Reinvestment of income

No charge

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

Share dealing

Online and mobile app

(Including UK and overseas shares*, investment trusts, exchange-traded funds, gilts and bonds.)

Deals previous month

Dealing charge

0 - 9 deals
10 -19 deals
20 or more deals

The online share dealing charge is determined by the number of deals placed in the previous calendar month. The tariff paid in August, for example, will depend on the number of online share deals placed in July, and we count deals placed across all the HL accounts held under the same client number.

Phone and post dealing

1% (£20 minimum, £50 maximum)

Please note: some stocks can only be dealt over the phone.

Equity regular savings

£1.50 per stock per month

Available on FTSE 350 shares, and selected investment trusts and ETFs, 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 received will be reinvested once they reach £10 per holding.

Government taxes and levies (per deal)

UK Stamp duty


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

PTM (Panel on Takeovers & Mergers) Levy


UK share deals over £10,000

Irish Stamp duty


Purchase of Irish shares (where the total cost of the transactions is more than 1,000 euros)

French Financial Transactions Tax


Purchase of certain French shares

Italian Financial Transactions Tax


Purchase of certain Italian shares

*There’s an added foreign exchange charge for overseas share deals, depending on deal size. See our overseas share dealing page for details.

Account administration

Account closure fee

No charge

Cash withdrawals

No charge

Transfer out to another provider (as cash)

No charge

Transfer out to another provider (as stock)

No charge

Stock transfer (between accounts)

No charge

Limit orders

No charge

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

£1.50 per deal (shares only)

Quarterly statement and valuation

No charge

Quarterly statement and
valuation (paper)

£10 + VAT every 6 months

Other charges

We make it as easy as possible by collecting fees automatically from the account. If we cannot collect fees from cash held on your account we write to the trustee explaining the options. If they fail to respond we may sell investments to cover the outsanding fees in which case separate fees described in our terms and conditions may apply.

Cash held within the Junior Investment Account

If you are unsure where to invest or just want to sit out of the market, it is possible to hold cash within the Junior Investment Account.

  • No up-front or annual management charge to hold cash
  • A variable rate of interest will be paid

The Junior Investment Account is a type of Fund and Share Account held in trust for a child.

View the rates of interest paid on cash in the Fund and Share Account