Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Hargreaves Lansdown Junior SIPP across five key areas of our review framework.
- Pricing4.0
- Market Access5.0
- Online Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- Huge range of investments
- £1 minimum deposit
Cons
- 0.35% account fee relatively high
See full expert review
Our verdict
We have ranked Hargreaves Lansdown as the best junior SIPP in 2024, 2023 and 2022 due to its market range and added value. Through the HL Junior SIPP, you can invest in a wide range of UK shares, international shares, investment funds (there are over 4,040 funds on the platform), investment trusts, ETFs, and bonds.
Capital at risk.
How much does Hargreaves Lansdown charge for Junior SIPP?
It's free to buy funds for your children's future with Hargreaves Lansdown's junior SIPP, which can help them take control of more money for their retirement when they reach 18, but HL charges a 0.35% account fee for a Junior SIPP up to £250,000.
It costs £3.95 to deal shares, but if you set up regular share buy orders there is now commission.
There are three ways to open an HL JSIPP:
- Add a one-off lump sum of £100 or more.
- Set up a direct debit from as little as £25 a month.
- Transfer a child's pension from another provider.
Hargreaves Lansdown can sometimes be expensive compared to competitors, but there are only a few providers that offer Junior Self Invested Personal Pensions, and with HL you get what you pay for. Which is a well established provider that offers excellent research and access to small cap stocks and international markets.