Setting up a Junior ISA is a great, tax-efficient way of saving for a child’s future. As parents or grandparents, you can help them save for university or college life, or even a deposit on their first home.
Invest in a JISA from £20 a month or a lump sum of £100 or more.
As a parent or legal guardian, taking out a JISA for your child may be one of the most tax-efficient ways to help them save for a more solid financial future.
Take advantage of the chancellor’s move to double the JISA allowance – from £4,396 to £9,000 in the 2020/2021 tax year.
Choose from our range of over 50 funds. Alternatively, you may want to consider our ready-made funds, each with a different level of risk that may suit your needs.
If your child is a UK resident and under 18 years of age, a JISA may be something worth considering.
Please remember the value of your child’s investment may fall as well as rise and is not guaranteed. This means it may be worth less than the amount invested.
The money invested in a stocks and shares Junior ISA is locked away until your child becomes 18 and then rolls up into an adult ISA. You should consider it to be a medium to long-term investment, ideally of five years or more.
Each fund has its own individual risks. To find out more about these, please read the Key Investor Information documents for the funds you wish to invest in.
Any money contributed to a Junior ISA is a gift to the child and can’t be reclaimed at any stage in the future.
Please note, our website doesn't provide advice or personal recommendations. We haven't assessed whether this product is suitable for you or your child. This means you don't have the protection you would have received if we had done this. It's up to you to decide if an investment with us is suitable for your needs. If you need help, please contact an Independent Financial Adviser.
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