Our Junior ISA

The Junior ISA is a new and affordable way for you to save and invest on behalf of your child. If your child is under the age of 16 and did not qualify for a Child Trust Fund, you can invest from as little as £10 a month.

 

If you've read the details and are happy the Junior ISA is right for you, you can apply online today.

Apply online

Junior ISA - now available from Family Investments

We're proud to announce the launch of our stocks and shares Junior Individual Savings Account (Junior ISA).

Created for children who didn't qualify for a Child Trust Fund account, the Junior ISA allows you to invest up to £3,600 in the current tax year in a cash or stocks and shares Junior ISA, or a combination of both.

Only the child will be able to access the money and only from their 18th birthday. 

More information

Compare some of our children's savings and investment products

 

  • No Child Trust Fund?

    Our Junior ISA is available to eligible children under the age of 16 who did not qualify for a Child Trust Fund.

  • £3,600 limit

    Parents, family and friends can contribute up to £3,600 this tax year into a Junior ISA account, either on a regular or one-off basis.

  • For your child's future

    The money in the account can only be taken out by the child and only once they reach 18 years of age.

  • A choice of funds

    The Family Investments Junior ISA offers a choice of two funds, including an ethical option.

  • Available now

    Launched on 1st November 2011, the Family Investments Junior ISA was one of the first Junior ISAs to become available.

Set up a Direct Debit between £10 and £19.99 a month when applying online to receive a £10 Boots voucher. DDs over £20 receive a £20 voucher.

Its aims

  • To provide a child with a tax-free lump sum at the start of their adult life which they can use to invest in their future (the proceeds from the account are free of income tax and capital gains tax. The fund is subject to tax).
  • Our Junior ISA aims to achieve growth by investing mainly in worldwide stocks and shares and fixed interest investments.
  • Our ethical Junior ISA aims to achieve growth by investing in shares that closely follow the performance of the FTSE4Good UK 50 Total Return Index.






Your commitment

  • You can open a Family Investments Junior ISA by committing to invest at least £10 a month or by investing a lump sum of at least £500.
  • From 6th April 2012 you can also open our Junior ISA by transferring at least £750 from an existing Junior ISA held with another provider.
  • You don't have to maintain monthly payments or make any additional payments if you don't want to; but, as the money is invested in stocks and shares, you should expect the money to remain invested for at least five years.
  • All payments made into a Junior ISA are considered a gift to the child and cannot be returned.
  • The money in the account can only be taken out by the child and only once they reach 18.

The risks

  • Because the money is invested in stocks and shares, its value can go down as well as up.
  • Over time, the cost of living will generally rise, reducing the real value of any investment growth. This means that the child may not be able to buy as much in the future with the proceeds of the investment as they could do today.
  • If the value of the account falls shortly before the child wants or needs to withdraw the money, it could mean that they do not have enough money to meet their needs.
  • There is a chance that the child may get back less than was invested.
  • If you decide to cancel and the value of the investment has fallen, the amount returned may be less than the amount invested.
  • The tax advantages of the Junior ISA may change in the future. If this happens, the potential growth of the account will be reduced.

Eligible for a Junior ISA?

The Junior ISA is a great way to save and invest for a child who was not eligible for the Child Trust Fund.

Save for your child's future

The money is held for your child until age 18, when the account becomes an adult ISA and the funds can be withdrawn. Only the child will be able to access the money, and only from the age of 18.

Apply online

  • Apply online

    Start online application

  • Request an information pack

    Request info

  • Call our helpline

    0800 616 695

    9am-7pm weekdays and 9am-12 noon Saturday.
    Calls may be recorded and monitored for training purposes