Junior Individual Savings Account
What is a Junior Individual Savings Account (JISA)?
Junior ISAs (JISAs) became available from 1 November 2011.
Both Cash and Stocks & Shares JISAs are available. Children can hold up to one cash and one stocks and shares JISA at a time (two accounts in total).
- Stocks & Shares are in the form of either individual shares or bonds, or pooled investments such as open-ended investment companies, unit trusts, investment trusts or life assurance investments.
- Cash ISA's are usually in the form of a bank or building society savings account.
Eligibility
All UK resident children under the age of 18 who do not have a Child Trust Fund (CTF) are eligible for JISAs. This includes children born before the launch of the CTF (the CTF was available to children born between 1st September 2002 and 2nd January 2011). Anyone with parental responsibility for an eligible child can open a JISA for that child. Eligible children will be able to open JISAs for themselves from age 16.
Find out more in our Junior Individual Savings Account (JISA) Guide
Tell me more about Junior Individual Savings Accounts (JISA's)
Independent Financial Advice
Speak to a fully qualified and independent
Invest Southwest adviser today.
Call 01823 353970
or
Why choose Invest Southwest for your JISA Advice?
- We have a team of fully qualified and independent financial experts
- We are highly recommended by our clients
- We deal with a wide range of products
- Our initial consultation is FREE
Call 01823 353970 to find out more
"Always pays attention to my preferences for investment and what I consider important and very carefully and succinctly explained to me at a level I can understand -Thankyou"
Mrs. B.
Latest Savings Articles
A plan to grow the global economy?
While the latest forecast released by the International Monetary Fund (...
The cost of dying – relieving the pressure
Nearly half (48%) of adults aged 18 to 40 don’t have ...
In the news - April 2024
UK M&A activity drops nearly a fifth in 2023&...
Spring Budget overlooks first-time buyers
It was a disappointing Spring Budget for anyone looking to ...
Independent Savings & Investment Advice
The Financial Conduct Authority does not regulate tax advice.
The value of investments can fall as well as rise. You may get back less than you invest.