With each generation on average living longer, more children born today are living until 100 – and with longer lives, client planning has arguably never been more important.1

Whether your Aegon Retirement Choices (ARC) clients are looking at ways to give a child a head start, or to help with their tax-efficient intergenerational wealth planning, our junior products are here to help secure a pathway towards a child's financial future. 

Junior SIPP

Help your clients lay the foundations for their child’s financial future with our Junior Self-Invested Personal Pension (SIPP). Available from birth until five business days before their 18th birthday.

 

mum and young daughter reading a book and doing school homework sitting on yellow couch at home

Junior ISA

Help your clients invest tax-efficiently for their child’s future with our Junior ISA. Contribute up to the £9,000 annual allowance and build a nest egg for life’s big milestones. Available from birth until five business days before their 18th birthday.

Junior SIPP

Our Junior SIPP is here to offer a tax-efficient savings vehicle to help your ARC clients prepare a child towards a financially secure future. Our Junior SIPP is exempt from our annual charge until the child reaches 18 years old. 

 

Exempt from our annual charge

Our Junior SIPP is exempt from our annual charges until the child turns 18 years old. Other charges will apply. 

Pensions tax relief

Our Junior SIPP allows your clients to contribute as a third-party personal contribution up to £2,880 annually, and the government will add £720 in tax relief – bringing the total to £3,600 a year, depending on individual circumstances.

Longer-term investment growth

Junior SIPPs can allow for long-term growth due to compounding, as the earlier the contributions start the more time the investments have for growth potential. 

Financial independence

One in four children born in the UK today are predicted to live to almost 100.1 A Junior SIPP can be a key part of a tax efficient plan to start in building their retirement savings to support the potential for a long lasting life.  

Tax-free growth

Investments held within a Junior SIPP grow free from any personal liability to capital gains tax and income tax.

Seamless transition at 18 years old

Once the child reaches 18, we’ll convert the Junior SIPP into a standard SIPP, keeping the investments in the market and allowing the young adult the ability to continue their investment journey. 

To open a Junior SIPP, the Registered contact must be a parent or guardian who is an existing ARC or One Retirement client. They will act on behalf of the UK resident child, who will be the account holder.

The child will need to be under the age of 18 and resident in the UK for tax purposes. 

Important considerations

Our annual charge won’t apply on our Junior SIPP until the child turns 18, when it will convert to our standard SIPP and our annual charge will start to apply. Investment fund charges and any adviser charges you receive will apply. 

The value of an investment can fall as well as rise and isn’t guaranteed. Your clients could get back less than they invest. This information is based on our understanding of current taxation law and HMRC practice, which may change.

Junior ISA

Our Junior ISA is exempt from our annual charge and offers a tax-efficient way for your ARC clients to save towards a child's future. By contributing up to the annual allowance, families can build a meaningful nest egg for university, a first home, or life's big milestones. 

 

Exempt from our annual charge

Our Junior ISA is exempt from our annual charges until the child turns 18 years old. Other charges will apply. 

Longer-term investment growth

Junior ISAs can allow for long-term growth due to compounding, as the earlier the contributions start the more time the investments have for growth potential. 

Contribute up to £9,000 per tax year

At present the annual allowance for a Junior ISA is up to £9,000 per tax year, per child. 

Financial independence

One in four children born in the UK today are predicted to live to almost 100.1 A Junior ISA can help start a child on the path towards securing a financial future, tax-efficiently.  

Tax-free growth

Investments held within a Junior ISA grow free from any personal liability to capital gains tax and income tax.

Seamless transition at 18 years old

Once the child reaches 18, we’ll convert the Junior ISA into a standard stocks and shares ISA, keeping the investments in the market and allowing the young adult the ability to continue their investment journey. 

You can open a Junior ISA on behalf of a child whose parent or guardian is an existing ARC client. Applications can be submitted up to five business days before the child turns 18. Find out more in our questions and answers

For children under 16, a Registered Contact is required. This must be a parent or guardian who is already an ARC client. The Registered Contact will manage the account on behalf of the child and can continue in this role until the child turns 18.

To be eligible, the child must:

  • Be under 18 years of age
  • Be a UK resident for tax purposes, unless they’re currently a Crown employee, or the spouse, registered civil partner or dependent of a Crown employee. They can’t be a US citizen or US taxpayer.

The child will be the account holder, with the Registered Contact acting on their behalf until they reach adulthood.

Important considerations

Our annual charge won’t apply on our Junior ISA until the child turns 18, when it will convert to our standard stocks and shares ISA and our annual charge will start to apply. Investment fund charges and any adviser charges you receive will apply. 

The value of an investment can fall as well as rise and isn’t guaranteed. Your clients could get back less than they invest. This information is based on our understanding of current taxation law and HMRC practice, which may change.

1 Past and projected period and cohort life tables - Office for National Statistics. Data source: Office for National Statistics. February 2025.

Fund and investment choice

Flexibility is at the heart of our Aegon Retirement Choices (ARC) fund range with over 5,000 investment options and access to a wide range of DFMs. (As at December 2024.)

Capital at risk.

Find out more about ARC's investment options