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Stakeholder pensions for children.

Our Stakeholder Pension Plan for Children is a simple and tax-efficient way of helping to provide for your child's future. It doesn't matter if you're a parent, aunt, uncle or grandparent - anyone can begin putting money aside into a child's Stakeholder pension. Starting a pension so early gives your child's pension pot more time to grow and is a great way to help ease concern for your child's financial future.  

Our Stakeholder Pension Plan aims to build up a pension pot that will provide your child or grandchild with a pension income and/or a cash sum when they decide to take their benefits.

  • You can invest from as little as £20 gross, although the more you put into the pension plan, the better chance it has of supporting your child in the future. Take a look at our handy children's pension calculator to find out more.
  • It's flexible - you can stop, start, increase or decrease your regular contributions, and pay in lump sums at any time.
  • You can manage your child’s plan online through our secure online service My Account, so you can see how their pension pot is performing at any time.
  • When your child reaches their 18th birthday, they’ll take ownership of the pension plan and will make the decisions on its management.
  • It's quick to apply for our Stakeholder Pension Plan for Children - it only takes 10-15 minutes to complete.

We offer a range of investment funds.

  • The money you pay into the plan is put into one or more investment funds of your choice, with the overall aim of growing your child's pension pot.
  • We offer a range of investment funds, so you can choose the type of investment that suits you. Read our funds made clear page for more information.
  • If you don’t want to choose your child’s investment fund, we can invest your money into our default option, the Multi-Asset Lifestyle Profile.
  • You can also change funds online through our online service, My Account.
  • Take a look at the available investment fund choices and our charges associated with our Stakeholder Pension Plan for Children.       

Our Stakeholder Pension Plan for Children offers the chance to make tax-efficient savings.

  • Saving in a pension plan allows you to take advantage of the tax relief offered by the Government – the taxman adds to your child’s pension pot when you do (up to the Annual Allowance). So, for every £200 you pay, £250 is actually invested into your child's plan. (These figures are for basic rate taxpayers – higher and additional rate taxpayers can claim even more tax relief). If your child has no taxable earnings, the maximum gross contribution that you can get tax relief on is £3,600 in a tax year. If your child has relevant UK earnings, you can pay in up to the amount of these earnings in a tax year (net of basic rate tax relief).
  • All tax information is based on our understanding of current law and HM Revenue & Customs practice. Tax treatment depends on individual circumstances and may be subject to change in the future.

Risks and important information:

  • All investments and funds carry an element of risk. It's important you read the Stakeholder Pension Plan Key Features (PDF: 1982KB) document and the accompanying fund brochure, Choosing your investment fund (PDF: 187KB) for information about the risks. 
  • The value of the investments that make up your child's pension pot can fall as well as rise, and is not guaranteed.
  • Any money in your child's pension plan is tied up until they take their benefits, which can be any time from age 55.
  • All tax information is based on our understanding of current law and HM Revenue & Customs practice. Tax treatment depends on individual circumstances and may be subject to change in the future.


If you apply online through this website the temporary annual management charge, which normally applies to pension pots of £15,000 and under, won't apply.


03459 932 584

9am to 5pm Monday to Friday
Call charges will vary. We may record and monitor calls.

Before you apply make sure you read these

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Pension calculators

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Frequently asked questions.

Understanding pensions can be confusing. Our Frequently asked questions answers some of the questions you may have.