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HM Revenue & Customs rules allow you to open a Self Invested Personal Pension (SIPP) on behalf of your child, contributing up to £3,600 per year. Contributions are eligible for tax relief.

Our Child SIPP Dealing account enables you to invest in a wide range of SIPP-eligible investments, buying and selling what you want, when you want in order to give your child’s retirement planning a great start. And whilst it may seem a long way off, the longer you can save, the greater the potential for capital growth. Do remember that the price and value of investments and the income from them fluctuates, so you may not get back the amount you originally invested. Remember too that money invested in a Child SIPP cannot be withdrawn until retirement: currently from age 50 (age 55 from 2010).

You can choose your own pension trustee/administrator (if you’d like some ideas check out the special arrangements we have with 2 providers) and we will treat you, the parent or guardian, as our point of contact enabling you to manage the investments until the child reaches 18. At 18, the child takes control of the SIPP but the assets must remain in the pension until retirement.

• An easy-to-use dealing account in association with your chosen pension administrator.
• Online access enables you to discuss the pension with your child, encouraging financial awareness and planning.
• Invest in our full range of investments - UK and international shares, ETFs, ETCs, Bonds & Gilts, Funds, Warrants and Covered Warrants - all in one account.
• Standard dealing fee £12.50, by phone or online. Plus reduced dealing rate once you've completed 100 trades in a quarter.
• 'Nominee account' structure enables us to carry out your instructions with minimum fuss and maximum efficiency - whilst your child remains the beneficial owner.
• The person acting on behalf of the child to administer the SIPP Dealing account must be a UK resident aged 18 or over.

• 'Best execution' – as standard.
  We'll contact up to 17 different 'marketmakers' in order to get you the best price available, aiming always to beat the bid and offer price quoted on the Stock Exchange's systems.
• Limit and stop orders
  For extra control over your dealing, place limit and stop orders on UK shares and covered warrants, valid for up to 90 days, at no extra charge. Plus we can advise you when your limits 'trigger' with an email or SMS alert.

• Pay in via your pension trustee/ administrator
  Your trading funds will then pass directly to the Child SIPP dealing account ready for you to invest.
• Monthly investment option
  Invest on a regular basis for simplicity, convenience and 'cost averaging'.
• No fee for dividend collection
  We'll collect your dividends, credit them to your account and provide you with an annual summary. You'll also earn interest monthly on the cash balance in your account whilst you're looking for suitable investments.

Our Child Trust Fund accounts enable your child to share in the potential of the stock market. Our Self select Share CTF gives you choice and control over where and when you invest. And our Index Tracker CTF provides a simple, straightforward alternative, enabling you to benefit from the rise in the FTSE All-Share Index without having to monitor or manage individual investments.

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Investing in your childrens' future is a worthwhile thing to do. But you need to look to your own future too!

Our SIPP Dealing account can help you to do just that.

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Plus for shorter-term, but tax-efficient investing, check out our ISA service – use your annual £7,200 ISA allowance to good effect - no CGT liability and no additional income tax to pay on investment income.

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Please remember: The value of investments may fall as well as rise and you may get back less than you originally invested. Limited liability instruments mean that you cannot lose more than you have invested. The risks associated with different instruments will vary: you should choose investments appropriate to your needs and consider your overall mix of different investment types.

View full risk warning >