Can I ask someone about Junior SIPPs?

[UndergroundPenguin]

I'm just completely flummoxed and wondering if I'm being ridiculous even considering opening junior SIPPs for the kids (both preschoolers).

I want to save for DCs futures, all the advice I've read says even £25 a month will make a big difference at this age, and I want to open them both a Junior SIPP but am worried about how much the fees could add up as they're a confusing mix of fixed fees and percentages, and given I only want to put £50-£75 a month each away for them, will it just get eaten up by fees?

Junior SIPPs don't seem as straightforward as just opening each of these types of accounts, picking some funds and putting money in which is what I expected.

Do I need to pay someone to manage these junior SIPPs or am I missing something? I don't want a S+S ISA for them as they already have cash ISAs that another family member pays into.

I am presuming that - you’re thinking of setting up pensions for your children because every other milestone that comes before are already projected to be taken care of? Thinking - paying for university including maintenance/fees whether upfront or clearing off their fee loans, for any and all DC, paying for house deposits, and so on?

I'm also interested in this. I have no "financial education" and it boggles my mind. My DC has a disability and we don't know what the future may look like in terms of independence/work etc. so a junior pension feels like a good idea but it's all so complicated 🤯

We have a junior SIPP for our now 8 year old with Fidelity. Minimum monthly contribution is £25 and you only pay fund fees not platform fees. We invest in a global developed world index tracker. With immediate return of 25% from the tax relief and 50-60 years of compound growth, our daughter should have a really good contribution towards retirement for a low cost. We plan to pay in until she finishes education and then just let it grow after that (this will become a regular SIPP when she turns 18 anyway). We also have other savings for her for support for uni (if she goes) and young adulthood.

The only downside with Fidelity is strangely you have to make changes to contributions by post even though you can monitor online. Not a problem for us though as we don't expect to change frequently (if at all).

I have pensions for my DC, taken out at the toddler stage.
Although I am quite financially savvy, I wanted something very simple; a clear cap on fees; a limited range of funds; very flexible and low payment options that I could stop and start at an time; and to manage the account online.

I opted for an Aviva Stakeholder Pension. These products are less popular than they once were, but I haven't found a Junior SIPP that offers all these advantages and such ease of use, so have stuck with it.
Minimum payment £16 per month (topped up to £20 by tax relief) or a lump sum. Payments can be stopped or started at any time. As it's a stakeholder, the fees are regulated (maximum 1% with Aviva); It's been a great option for teaching DC about pensions as they mature and start to take on the management of it themselves.

Although Stakeholder pensions do have some disadvantages compared to a Junior SIPP, the simplicity and ease of investing was a good way to start if you just want to pick some funds and add money.

Stakeholder pensions must meet government standards that ensure low minimum contributions, free transfers of money between pensions, flexible contributions and a default investment fund.

https://www.aviva.co.uk/retirement/aviva-stakeholder-pension/

I'm glad you asked this. I wanted to start my 17yo DS's pension up and it's impossible to know what to do.
My work pension is with Scottish Windows but it turns out you can't just click on their website and start a pension.