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

Start saving with a stocks and shares Junior ISA

It's never too early to think about investing for your child's future. With our simple and affordable stocks and shares Junior ISA, you can start putting money away from as little as £10 a month.

Our Junior ISA at a glance:

  • Invests in Stocks and Shares.
  • Available to children under the age of 16 who were not eligible for a Child Trust Fund.
  • Tax-efficient - proceeds are free of income tax and capital gains tax. Of course, tax advantages depend on individual circumstances and the tax treatment of the Junior ISA may change in the future.
  • Family and friends can pay in up to a combined total of £3,600 this tax year (this is the maximum amount that can be paid into a stocks and shares Junior ISA and a cash Junior ISA combined).
  • Child can access the money from their 18th birthday. At the age of 16, the child can choose to manage the account themselves.
  • Offers an ethical fund option.
  • Includes an Annual Management Charge of 1.5%.
  • Manage the account online.

Because the Family Investments Junior ISA will invest in stocks and shares, its value can fall as well as rise and the child could get back less than was paid in.

Family Investments does not provide advice. If you have any doubts about the suitability of this product you should seek independent financial advice.

For more information about the Family Investments Junior ISA, please see the information below, including the aims, commitment and risks. Customers interested in taking out an ethical Junior ISA should ensure they download and read the Key Investor Information document.

Download the 'Family Investments Junior ISA Important Information Booklet'

Download the 'Family Investments Ethical Junior ISA Important Information Booklet'

Download the Key Investor Information document (ethical only)

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The money is held for your child until age 18, when the account becomes an adult ISA and the funds can be withdrawn.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

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.

Start early and your child could reap the rewards.

As you can see from the graph on the right, the earlier you start paying money in, the greater the final amount could potentially become.

These amounts are based on making a regular payment of £30 a month, starting from age 0, age 5 and age 10. They assume that investments grow at 7% per year over a full 18 year, 13 year and 8 year period respectively with annual charges of 1.5% (calculations are not exact).

Important information: These projections are only examples and are not guaranteed, they are not a reliable indicator of future performance. What the child gets back will depend on how the investment grows. They could get back more or less than this. Over time, the cost of living will generally rise which means the child will not be able to buy as much in the future with the amounts shown.

A little thank you...

… for opening a Junior ISA with us.

When you apply online and set-up a regular Direct Debit with us, you could get up to £20 to spend at Boots. Remember, any money paid in to the account belongs to the child. Only they will be able to access it, and only at age 18.

Set up a Direct Debit for Your Gift
£10 to £19.99 a month £10 voucher
£20 a month or more £20 voucher

Your Boots voucher will be sent to you shortly after we receive your first Direct Debit payment. Gifts are not available for transfers from other providers.

  • 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