Hargreaves Lansdown Junior SIPP Review

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:

1. Add a one-off lump sum of £100 or more.
2. Set up a direct debit from as little as £25 a month.
3. 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.