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Compare Junior ISA (JISA)
Compare Junior ISA (JISA)
Compare Junior ISA (JISA)

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Ask the Experts is MyEggNest's free service for questions on Junior ISAs and any aspect of family finance.

Ask our Independent Financial Advisor Steve Weisner a question here.



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Child Tax-Exempt Savings Plans

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Did you know that Children's Tax-Exempt Savings Plans (TESPs) also provide a long-term, tax-free way to save for your children's future?


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to find out more about a tax-efficient way to build up a nest-egg for your child in addition to a Junior ISA, and compare providers.



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You can learn more about Get Connected, a free, confidential helpline for young people, here.

To find out how you can make a donation, visit www.getconnected.org.uk.

 
 
 





Individual Savings Accounts (ISAs)

Individual Savings Accounts (ISAs) allow people to save their money in a range of investments such as cash, stocks and shares. Unlike investing directly in these products, investing through an ISA provides certain benefits.

An ISA is often referred to as a “tax wrapper” which goes around your savings, protecting them from paying certain taxes. What can you save or invest in an ISA?

  • you can save cash in an ISA and the interest will be tax-free
  • you can invest in shares or funds in an ISA and any capital growth and dividend income will be tax-free.

For more information, see Individual Savings Accounts (ISAs)

 


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Interesting Fact

Money is the hardest word


A recent survey conducted by the Financial Services Authority (FSA) found that 40% of people who own an equity ISA are not aware that its value could fluctuate with stock market performance.

This shocking statistics is probably due to another interesting fact - 74% of British Couples find money the hardest subject to talk about with their partners.

If we don't talk to our partners about money issues, then is it any wonder we are kept in the dark. Ignorant in this case is NOT bliss!