Junior SIPP
Charges
Annual account charges
The HL Junior SIPP is free to set up and low-cost to run. Our yearly charge for holding investments is never more than 0.45%. There's no charge for inactivity or for holding cash.
You can see the interest rates paid on any cash held in a Junior SIPP here.
Funds
Value of funds | Charge |
---|---|
On the first £250,000 | 0.45% |
On the value between £250,000 -£1m | 0.25% |
On the value between £1m - £2m | 0.1% |
On the value over £2m | No charge |
Shares
Including UK and overseas shares, investment trusts, exchange-traded funds, VCTs, gilts and bonds.
Important note about charges
The investments you choose may have their own charges, such as charges from a fund manager. These are in addition to our account charges. You can find these in each investment's key investor information. A bid/offer spread may also apply - see our Guide to Fund Prices for details.
Example of HL account charges
If you invest £15,000 in funds and £5,000 in shares, your account charge would be £7.50 per month*.
Annual charge (0.45%)
Annual charge (0.45%)
*The monthly charge will depend on the exact value of your account each month. To keep things simple here, we didn't include any investment growth.
Dealing charges
Fund dealing
Includes unit trusts and open-ended investment companies (OEICs). There's no dealing charge for buying or selling funds.
Share dealing – online and mobile app
Just £5.95 per deal including UK and overseas shares*, investment trusts, exchange-traded funds, gilts and bonds.
*There's an added foreign exchange charge for overseas share deals, depending on deal size. See our overseas share dealing page for details.
Automatic reinvestment
If you'd like any share income automatically reinvested, we'll reinvest your income when it reaches £10 per holding or the amount you choose. There's no charge for this.
Other charges
Other charges may apply in specific circumstances - see the terms and conditions for details.
Charges FAQs
How are charges paid?
There's no need to remember to make any payments – we'll automatically take our charges each month. You'll need to keep cash in your account to pay any charges – there is a suggested minimum cash balance based on the size of your child's Junior SIPP, but you can hold as much cash as you like.
What happens if there's not enough cash to pay charges?
If you have fully contributed to your child's Junior SIPP and there is not enough cash to cover the outstanding charges, you can make a debit card payment directly into the Loyalty Bonus Account by calling our helpdesk on 0117 980 9897.
After that, and as a final resort, we’d sell holdings in your child's Junior SIPP to cover any charges and restore the suggested minimum cash balance. There is no additional charge for this. We will normally sell units of your largest fund holding first.
Important information
The charges above don’t include the cost of any advice you might need. If you need financial advice, our adviser would agree this cost with you separately.

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Help and support
Take a look at our most frequently asked questions for quick answers.
If you need more assistance or have specific questions, please contact us.