- Experts commend Hargreaves Lansdown Junior SIPP for its extensive investment options, including over 4,040 funds, and a user-friendly platform, while noting the 0.35% account fee as relatively high compared to competitors. The service has been rated highly for customer service and market access, securing its position as the best junior SIPP provider for multiple years.
- Across 1,779 user reviews on Good Money Guide, averaging 3.8/5, customers frequently highlight the intuitive app and excellent customer service, with many appreciating the wide range of investment options available. However, some users express concerns about high fees and difficulties with account management, indicating a mix of satisfaction and areas for improvement.
Hargreaves Lansdown Junior SIPP 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.
Customer reviews for Hargreaves Lansdown
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 1,779 reviews
- Excellent27%
- Very good38%
- Basic24%
- Poor7%
- Bad4%
Read customer reviews
3/5
Pros:
Information
Cons:
Good customers service
4/5
Pros:
Can hold all the tax free wrappers eg ISA there
Cons:
Hold foreign currency
3/5
Pros:
Nothing
Cons:
Better layout of website
3/5
Pros:
Lifetime ISA
Cons:
Trading
3/5
Cons:
Lower costs
4/5
Pros:
reliable
Cons:
show recent trades & update information quicker
4/5
4/5
Pros:
Easy trading in several markets
Cons:
Lower fees
4/5
Pros:
Range of info on funds, trusts and ETFs
5/5
Pros:
The broad range of investments. There are so many stocks and funds to choose from.
Cons:
They could lower transaction fees slightly. Stock trading fees are too high.
3/5
Pros:
SIZE OF OFFERING
Cons:
EVERYTHING
4/5
Pros:
Fund discounts
Cons:
Form a relationship with Singer. This lack cost me money.
3/5
Pros:
Local
Cons:
reduce cost of sipp
3/5
Pros:
Easy to contact over telephone
Cons:
Reduce fees
2/5
Pros:
Tax free isa
Cons:
Cost basis info crap, do better
3/5
Pros:
ease of use
Cons:
more graphical research results shown along side similar shares
4/5
Pros:
Responsive and easy to use
Cons:
Access to more products
4/5
Pros:
Easy to use but high fees for larger holdings
Cons:
Be cheaper for larger holdings. Avoid backing the likes of Woodford and hiding behind smokescreen of lies because they overcommitted to him and could not withdraw their support without precipitating his demise which was going to happen anyway.
4/5
Pros:
Ease of Access