Skip Header

Junior SIPP

Be invested in making a difference to a child’s longer-term future. From small acorns, mighty oak trees grow.

Important information - 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. Withdrawals from a Junior SIPP will not normally be possible until the child reaches age 55 (57 from 2028).

Giving your child a head start

A Junior Self-Invested Personal Pension (SIPP) is a tax-efficient way to build a retirement nest egg for a child. The Junior SIPP allowance for the current tax year is £3,600 and you have until 5 April to use it.

Begin saving today

Make a single payment or pay later through a regular savings plan starting from just £20 a month. Friends and family can gift money too.

No service fee

We don't charge a service fee on junior accounts.

Here to help

Our UK and Ireland-based call centres are open six days a week.

A wealth of choice

Choose from thousands of funds and shares to invest in.

Expert guidance

Including insights and planning tools to help you on your way.

Always at your fingertips

Manage investments 24/7 with our secure online service and apps.

How a Junior SIPP works

  • Contribute up to £2,880 a year and the government will add up to £720 basic tax relief (20%) making a total contribution of up to £3,600
  • Make a single payment online via debit card, bank transfer and cheque
  • Start a regular savings plan from just £20 a month, or request a third party payment
  • As an example, to pay in a total of £100 to a Junior SIPP, you will only need to contribute £80, and the government will pay the other £20.
  • There are over 3,000 funds
  • Large selection of UK shares
  • Investment trusts and exchange-traded funds (ETFs)
  • Investment solutions from our experts
  • Get expert guidance emails and articles to help you invest 
  • Receive a statement and valuation every six months to help keep track of your investments
  • Manage your Junior SIPP 24/7 online or on our app

Let’s get started

You can open a Junior SIPP for a child if you are their parent or guardian. The account is held in the child’s name and the child must be under the age of 18.

Open a Junior SIPP

You can open a Junior SIPP and then choose to make a single payment, request a third party contribution or start a regular savings plan.

Transfer a Junior SIPP

Transferring a Junior SIPP can help you track your savings and plan for your family’s future more effectively.

Junior SIPP FAQs

Control of a Junior SIPP will automatically pass down to the Child when they reach the age of 18. However, withdrawals from the account are not usually possible until they turn 55 (57 from 2028).

We can't tell you whether setting up a pension for your child is the right choice for you as everybody’s circumstances are different and the value of investments can go up and down, but Junior SIPPs could help your child get the retirement you want for them. Junior SIPPs are a very tax-efficient way of saving and the money is locked away safely so the child usually can't withdraw until they reach the age of 55 (57 from 2028).

You can put up to £2,880 into your child's pension each year, and the government will add 20% tax relief on top of this making a total contribution of up to £3,600.

Important information: This information is not a personal recommendation for any particular product, service or course of action. If you are unsure about the suitability of a Junior SIPP for your personal circumstances, you should speak to one of  Fidelity’s advisers or an authorised financial adviser of your choice.