Junior stocks and shares ISAs, launched in November 2011, provide a new tax-free way of investing for your child, so that they have a lump sum when they reach adulthood. Junior ISAs are intended to replace Child Trust Funds; if your child is under 18 and does not already have a Child Trust Fund, they will be eligible for a junior stocks and shares ISA. You can open it on their behalf, then when they turn 16 they will be allowed to manage it themselves. They will gain access to the money in the account when they turn 18.
The junior ISA allowance is £3,600 per cent per tax year, which can either be invested in a junior stocks and shares ISA, a junior cash ISA, or divided between the two however you see fit. Only one of each may be held at a time, but transfers are allowed from one to the other, and between providers. Junior stocks and shares ISAs are aimed at helping you to build a nest egg for your child, and give them a financial head start when they reach adulthood.
To receive more information and an application pack, click on the link and fill in the enquiry form.
| 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.
© Fair Investment Company Limited 2011 - Web Development provided by Fair Web Solutions