The New Junior ISA is launching on 1 November… this is your opportunity to save more money tax-free
Junior ISAs will replace Child Trust Funds
All UK resident children under the age of 18 who do not have a Child Trust Fund (CTF) will be eligible for Junior ISAs
- Both cash and stocks and shares Junior ISAs will be available. Children will be able to hold up to one cash and one stocks and shares Junior ISA at a time (two accounts in total)
- The total contribution limit will be £3,600 per year which will be increased by the Consumer price Index (CPI) from 6 April 2013 onwards
- Accounts will be owned by the child and funds will be locked in until the child turns 18
- Junior ISA accounts will by default become adult ISAs on maturity
- Invest in more than 1,200 funds from more than 70 investment companies
Investment options
- Lump sums from £500
- Monthly saving plans from £50
- An account can be opened by either a parent or guardian
Book your appointment now to help you decide if this new investment is right for you.
For more information or to book an appointment, contact Jonathan Connell.
The information provided is for general information purposes only. It is not, and should not be construed as, financial or other professional advice. We recommend you that you do not solely rely on the information you find here as it is not detailed or comprehensive enough to enable you to make an informed decision without speaking to an independent advisor.
The value of investments can fall as well as rise and any income is not guaranteed. Past performance is not a guide to future performance.
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