Remember that investments go up and down in value, and you could lose money as well as make it. How you’re taxed will depend on your circumstances, and pension and tax rules can change.
Junior SIPP
Saving enough for retirement can take a lifetime. But you can give your little ones a big head start by opening a Junior SIPP. Not only are your contributions topped up by government tax relief, but the investments you make have decades to grow. By the time your child retires, even a modest pot could be a massive one.
-
The benefits of our Junior SIPP
-
Low dealing charges
-
Tax efficient
-
Annual limit of £3,600
-
Wide range of investment options
-
Make regular investments from £25 per month
-
Manage account online
-
No access until retirement age
You can give your child a head start in life with a Junior ISA or SIPP.
Why choose AJ Bell for your Junior SIPP?
We’re one of the UK’s largest and best regarded investment platforms, trusted by over 480,000 customers. Here are some of the reasons why investing with AJ Bell feels so good.
You’re in controlOur easy-to-use website and app give you a full view of your investments anytime, anywhere. You have investment choices at your fingertips and are able to buy and sell on the go.
You’re in safe handsWe’re listed in the FTSE 250, so you know you’ve got one of the UK’s largest and financially secure providers behind you.
You get great valueOur charges are amongst the lowest in the market - you'll never pay more than 0.25% to hold your investments. With options to suit all kinds of investors, you can be sure you’re getting one of the best value platforms in the UK.
You get top serviceWe’re here to help. Whether it’s over the phone, email or webchat, our friendly team will always be straight-talking and transparent.
Which? Recommended Provider for Self-invested Personal Pensions three years running, 2020–2022
Advantages of an AJ Bell Junior SIPP
It may seem a little premature to start putting money into a SIPP for your child or grandchild at birth, but the tax relief that is available on the contributions makes this a particularly attractive – if long term – way to save for your child’s future. The money is tied up until they reach retirement age, which is set to increase from the current age of 55, so this money will not be accessed any time soon.
You can open a Junior SIPP online easily and choose from a wide range of investment options. If you are looking to save monthly, our regular investment service allows you to invest from £25 a month at just £1.50 a deal.
Anyone can put money into a Junior SIPP as long as it is within the £3,600 annual contribution limit, which includes tax relief. In short, you can put up to £2,880 a year into the Junior SIPP, and the Government will add tax relief at 20% to make this up to £3,600.
Additionally, if you have a SIPP account with us you can link your child's SIPP to your account, making each easier to manage.
Thinking of opening an account? Watch our welcome video to see how it works
Invest up to £2,880 into a self-managed AJ Bell Junior SIPP today
Open a Junior SIPPWe'll help you get investing
For over 25 years, AJ Bell has made investing simple and affordable. We’re a 5x Which? Recommended Provider, with an award-winning range of accounts.
Can we help?
If you’d like more information about AJ Bell’s accounts and services, get in touch with our friendly customer services team - we’re here to help.