Before you apply for a Junior SIPP

You'll need around 15 minutes to complete your Junior SIPP application.

What you’ll need:

Your National Insurance number – you'll find this on your National Insurance card, a benefit letter, payslip or P60.
Your child’s details – including their National Insurance number, if they have one.
Your debit card details – so you can make a cash payment to the Junior SIPP

To apply for a Junior SIPP for a child, you must be their parent or legal guardian.
You should be comfortable choosing and managing investments for the child.
You’ll need to fund your account with either a Direct Debit from as little as £25, a one off payment of £500 or a transfer from another Junior SIPP.
The value of investments can go down as well as up, and you could lose money for the child as well as make it.
Pension and tax rules can change, and the benefits of an account depend on personal circumstances.
We’ll use your data in line with our privacy policy. This explains what data we collect, how we use, share, and store it – including the potential impacts of third parties using your data.

You’ll need to manage the Junior SIPP until the child turns 18.
Once money is in a pension, it can’t normally be accessed until the ‘normal minimum pension age’, set by the government.
This minimum pension age is due to increase to 57 from April 2028, and further increases are likely by the time the child reaches retirement.
Pension rules mean the maximum amount that can be paid in for a child is usually £2,880 a year, which comes to £3,600 with basic rate tax relief.

Make sure an AJ Bell Junior SIPP is right for you by reading about our Junior SIPP's terms and conditions, risks and charges and rates.