Junior ISAs

With generous annual allowances, tax wrappers such as ISAs are important investment vehicles designed to encourage longer term saving.

Junior ISAs

What is a Junior ISA?

Junior ISAs (JISAs) are a tax-efficient financial product specifically designed to enable parents or grandparents to save for a child from birth and ultimately hand over control of the account to the child once they turn 18.

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What are the benefits of a stocks and shares Junior ISA?

You can set up a JISA for a child as soon as they are born and save regularly into the account throughout their childhood, subject to tax-free annual allowances. Once the child turns 18, they will become the registered contact and take control of the account themselves, teaching them financial responsibility from an early age and embedding good financial habits for life.

Who can pay into a Junior ISA?

Anyone can! Parents, grandparents, and friends can contribute to a child’s JISA up to the annual allowance. This makes it a great vehicle for family members to contribute to the child’s financial future.