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Junior Self-Invested Personal Pension hero

Junior SIPP

Invest up to £3,600 free from UK tax into your child's pension

Open a Junior SIPP

Transfer a Junior SIPP

Top up a Junior SIPP

Invest up to £3,600 free from UK tax into your child's pension

Open a Junior SIPP Transfer a Junior SIPP Top up a Junior SIPP

Invest up to £3,600 free from UK tax into your child's pension

Open a Junior SIPP Transfer a Junior SIPP

Top up a Junior SIPP

Important information - The value of tax savings depends on individual circumstances and tax rules can change over time. Investments can go down in value as well as up, so your child could get back less than invested. A Junior SIPP is a type of pension for people happy to make their own investment decisions, and is not accessible until age 55 which is likely to rise by the time your child reaches retirement. If transferring a pension please ensure you will not lose valuable guarantees or incur excessive exit penalties. If you are unsure if an investment is right for you or your child, please seek advice.

A head start for your child

Do you wish you’d started saving into your pension earlier? A Junior SIPP (Self-Invested Personal Pension) could give a child a substantial head start in saving for their future. The Junior SIPP is the same as a regular SIPP – the difference is that a parent or legal guardian manages the account, and makes any investment decisions, until the child turns 18.

The money in a SIPP cannot be accessed until age 55 (rising to 57 in 2028 and likely to rise further). This means a Junior SIPP has decades to mature.

Find out more about Junior SIPPs

Up to £3,600 a year

Why invest in a Junior SIPP?

  • Invest up to £3,600 gross per child per tax year – the taxman automatically pays 20% tax relief (up to £720) so you can put in up to £2,880.
  • Investments in a pension are free from UK income and capital gains taxes. Remember tax rules can change and benefits depend on personal circumstances.
  • Gifts to a child’s pension are often covered by one of the inheritance tax exemptions and so could fall outside your estate for inheritance tax purposes.

Junior SIPP Investment Ideas

Up to £3,600 a year
Annual 0.45% account charge

Junior SIPP charges

The annual charge for holding investments in a HL Junior SIPP is never more than 0.45%.

Your dealing and other charges will depend on the investments you choose.

View all Junior SIPP charges

Two simple ways to open a Junior SIPP

Open a Junior SIPP

A Junior SIPP can be opened by completing our simple application form. If your child is over 16 they will need to sign the application, otherwise it will need to be signed by a parent or legal guardian.

You must also complete a Legal Guardian form if they are under 18.

Open a Junior SIPP

Transfer an existing Junior SIPP

You might find it easier to manage a child’s Junior SIPP by having everything under one roof. By transferring any existing Junior SIPP accounts to HL, you can see their investments in one place.

Transfer an existing Junior SIPP

Why choose an HL Junior SIPP?

  • Insight from our team of experts
    Free research, investment ideas and tools at your fingertips
  • Trusted by over one million clients
    We're a financially secure FTSE 100 Company, regulated by the FCA
  • An easy-to-manage account
    See your investments at a glance online or via the HL app
  • We’re award-winning
    We've won over 190 awards, including Best Buy Pension 2022 from the Boring Money Awards and Best SIPP Provider from the UK Investor Magazine 2021 Awards
  • Help getting started
    Get started with our 'Investing for children' Master Portfolio
Best Buy Pension 2022 Award Boring Money
Best SIPP Provider UK Investor Magazine Awards 2021
Feefo Trusted Service Award 2021
We have always found Hargreaves Lansdown professional, efficient and responsive to our needs. We consider HL the very best and head and shoulders above others offering similar services.



Boring Money

UK Investor Magazine Awards 2021

Boring Money

See all of our awards

Help and support

If you have any questions about the HL Junior SIPP, you can speak to one of our UK-based client support experts.

Call us on 0117 980 9926

Read our FAQs

Email us