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Child SIPP

Our Child SIPP offers all the flexibility of a SIPP, with the peace of mind that comes from knowing you’re helping create a pension pot for your child. The Child SIPP can be financed by just you, or with help from friends and family who want to invest in the child’s future.

What are the main benefits?

  • If you pay £2,880 HMRC will top this up to £3,600
  • Access via i.nvest to an extensive range of investments including:
    • 1,400+ funds
    • UK Investment Trusts
    • UK and International Listed Equities, including AIM securities
    • Exchange Traded Funds (ETFs)
    • UK government gilts and fixed Interest Securities
    • Convertibles, debentures and loan stocks
    • Cash on deposit
    • Preference stocks

Trade through i.nvest in international equities with your Child SIPP

You can now trade international equities on i.nvest in a Child SIPP. You can find out more about trading in international equities by clicking here. We will also ask you to complete a registration form. You will get further information on the registration process in our how to register and trade page.

What is the minimum contribution?

The minimum contribution, whether it’s a regular or single contribution, is just £50.

What are the charges?

We understand that a Child SIPP, especially in the early years, is likely to have lower fund values, so it’s important that the admin fees are kept as low as possible.

We take pride in offering transparent charges and our flat rate charges mean that you’ll always know what you’re paying and when.

There’s no set up fee but there is an annual administration charge of £80 + VAT. However, if your Child SIPP only holds Alliance Trust PLC shares your annual charge will be discounted to £50+VAT. The discounted charge does not apply in the year that the SIPP is opened but will apply annually thereafter.

You can find full details of our charging structure in our Schedule of Fees.

Risk Warnings

Please remember the value of your investments and any income from them can go down as well as up and you may get back less than the amount you originally invested. Tax rules may change in the future and taxation will depend on your personal circumstances. You normally cannot take an income from a pension until age 55. All investments carry an element of risk, which may differ significantly. If you are unsure as to the suitability of any particular investments, you should seek professional financial advice. Foreign markets will involve different risks than UK markets. In some cases risks will be greater. The potential for profit or loss from transactions on foreign markets or in foreign currency denominated markets will be affected by fluctuations in foreign exchange rates.

How do I apply?

You can apply for a Child SIPP as long as you’re over 18 and have parental responsibility for the child you’re setting the account up for.

You can only open a Child SIPP by post, simply download and complete the Child SIPP Application form and return it to us at:

Alliance Trust Savings Limited
PO Box 164
8 West Marketgait
Dundee
DD1 9YP

Don’t worry if you’re not sure where you want to invest yet, your contribution can be held in cash on deposit until you reach a decision.
Once the account has been opened, you can access i.nvest where you can manage the account online.