Part of Fair Investment Company
Junior ISA Allowance
The Government has set the inital junior ISA allowance be set at £3,600 for the 2011/2012 tax year. This can be invested in cash or stocks and shares, or both, in any proportion. Now that it has set the junior ISA allowance, the Government will leave it to providers of junior ISAs to set other terms, such as minimum requirements of deposits, and how the accounts will be opened and managed.
Each child who is under 18 and does not have a Child Trust Fund will be eligible for a junior ISA allowance. The account can be opened by anyone with parental responsibility for an eligible child, but anyone can then make deposits into the account. Transfers can be made between cash and stocks and shares, and between providers, but only one junior cash ISA and one junior stocks and shares ISA can be held at a time.
Apply today for more information and an application pack.
| Provider | Junior ISA Provider | Regular Savings | Investment Options | Online Valuations | More Info |
|---|---|---|---|---|---|
 | Fidelity Junior ISA |  | Over 1200 Funds from over 70 Investment Companies | | More Info > |
 | Scottish Friendly Junior ISA | | A range of assets including UK and global shares, bonds and cash | | More Info > |
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 style of Fair Investment Company Limited, which is authorised and regulated by the Financial Services Authority (FSA). Fair Investment Company Limited is entered on the FSA register (www.fsa.gov.uk) under reference number 192852. Registered in England no. 3980180. Registered address: Kings House, 14 Orchard Street, Bristol, BS1 5EH.
The information and content of this website is subject to the UK regulatory regime and is therefore intended for UK consumers.
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