Child savings

Existing customer?

Looking to top up a child savings account? The easiest and quickest way for all our child savings accounts is our 24-hour online service. Log in using your Personal ID and password and top up by debit card.


Child savings

It's natural to want to provide for your child financially.

A Choice of 3 Accounts

Junior ISA

A tax-efficient savings vehicle which allows you to save up to £4,260 for the 2020/21 tax year. The account is for the benefit of the child and therefore held in the name of the child, and all cash and investments belong to them. Normally you cannot access the funds until the child is 18 except in the case of death or terminal illness.

First Steps Investment Dealing Account

There are no investment limits on a First Steps IDA, but no tax advantages either. You control when the Child gets access to the investments.

Child SIPP

This is a tax-advantaged way to save for your child’s later life. You can invest up to £3,600 this tax year (you pay £2,880 and we claim £720 tax relief for you). Your child has control over the account from the age of 18 but can’t access their savings until later in life. There is also no Capital Gains tax or Income tax.


Why invest with Norvalden?

Account fees that don't grow with your investment.

We charge you flat Account fees rather than fees based on a percentage of the value of your investment. So, as your investments grow, your Account fees won't.

Award winning products.

We take pride in providing our customers with outstanding products and services. Over the years we've won a number of prestigious awards. You can manage everything together in one place, with 24/7 access to your Account online.

Experience and scale.

Our plethora of investment experience has yielded us more than £15.6 billion of assets under administration (at December 2021) and look after the investments of more than 100,000 customers.

Norvalden® is registered and authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Norvalden® gives no financial or investment advice.


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.
All investments carry an element of risk which may differ significantly. If you are unsure as to the suitability of any particular investment or product, you should seek professional financial advice. We can't give you financial advice.
Laws and tax rules may change in the future without notice. The information here is our understanding as of April 2018. This information takes no account of your personal circumstances which may have an impact on tax treatment.