JamesCaldwell

Junior ISAs

Compare Junior ISAs

"Give your child a great start in life with a Junior ISA"

 

James Caldwell, Director

Junior ISA

Junior ISAs are an initiative by the Government to help parents save for their children's future. Launched in November 2011, junior ISAs offer tax-free savings and investments. Each eligible child is allowed to have one cash ISA and one stocks and share ISA at any time, and contributions can be made up to £3,600 per tax year. Transfers are permitted between cash and stocks and shares, or to another provider.

Junior ISAs
ProviderJunior ISA ProviderRegular SavingsInvestment OptionsOnline ValuationsMore Info
Fidelity Junior ISAyesOver 1200 Funds from over 70 Investment CompaniesyesMore Info >
Alliance Trust Junior ISAyesOver 1400 Funds from over 40 UK Fund ManagersyesMore Info >
Scottish Friendly Junior ISAyesA range of assets including UK and global shares, bonds and cashyesMore Info >
Shepherds Friendly Junior ISAyesA range of assets including UK and global shares, bonds and cashyesMore Info >

The junior ISA replaces Child Trust Funds. Junior ISAs are not available to any child who already holds a Child Trust Fund. Unlike CTFs, there will be no government contribution towards the savings pot, but any person or organisation will be allowed to contribute. Junior ISAs can be opened by anyone with parental responsibility for an eligible child, then management will pass to the child when they turn 16. Tthey will not be able to access the funds until they turn 18, when the account will automatically default to become an adult ISA.

Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

www.isa.co.uk is a trading name of Fair Investment Company Ltd which is authorised and regulated by the Financial Services Authority.