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1. Compare Junior ISAs
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Child Tax-Exempt Savings Plans

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?

Click here 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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Stocks and Shares Junior ISA

A Stocks and Shares Junior ISA, also known as an Investment Junior ISA, is a tax-efficient child savings account introduced in November 2011 as a replacement for the Child Trust Fund scheme.

What is a Stocks and Shares Junior ISA?

Unlike a Cash Junior ISA, a Stocks and Shares Junior ISA allows parents to invest in stocks and bonds, through plans of varying degrees of risk offered by investment providers. Although the return from contributing your Junior ISA savings to equity-based investments can be much greater than if invested with a Cash Junior ISA provider, the larger degree of risk may not be worth it for parents with different financial objectives.

It is important to compare Junior ISA options available on the market before deciding where to invest your money - both Stocks and Shares Junior ISAs and Cash Junior ISAs.

Who can invest in a Stocks and Shares Junior ISA?

Any child under the age of 18 who was not eligible for a Child Trust Fund may have a Stocks and Shares Junior ISA opened in their name. Children who qualify for the Junior ISA are those born before September 2002 or after January 2011.

What are the advantages of a Stocks and Shares Junior ISA?

Some of the benefits of a Stocks and Shares Junior ISA in comparison to a Cash Junior ISA include a greater degree of control over a wide range of investment opportunities, and the opportunity to make far more substantial returns on your savings than if left to grow under the standard rates offered by Cash Junior ISA providers.

What are the disadvantages of a Stocks and Shares Junior ISA?

The main disadvantage of a Stocks and Shares Junior ISA is the greater risk involved in putting your money towards equity-based investments. The unpredictable nature of the stock market means your Junior ISA savings could decrease as well as increase in value.

Who provides Stocks and Shares Junior ISAs?

You can compare Stocks and Shares Junior ISA providers with our detailed comparison table. Some of the leading children's savings providers of the Child Trust Fund market now also offer a Stocks and Shares Junior ISA, such as Family Investments.

How much can I invest in a Stocks and Shares Junior ISA?

Parents and other relatives can invest up to £3,600 each year, tax-free, into a Junior ISA.

When can the money in the Stocks and Shares Junior ISA be accessed?

Savings in a Stocks and Shares Junior ISA will be available to your child once they reach the age of 18, after which they have full control over the fund. A Stocks and Shares Junior ISA will default to a standard (adult) ISA upon reaching the age of majority.

Read more

Compare Stocks and Shares Junior ISAs
Compare Cash Junior ISAs
Junior ISA Overview
Child Tax Exempt Savings Plans

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Alternatives to Junior ISAs - Tax-Exempt Savings Plans
Did you know there are alternatives to the Junior ISA that offer the same tax-free savings? Tax-Exempt Savings Plans (TESPs) can help you build up a lump sum for your child through small, regular payments. Your fund grows free from any income or capital gains tax, like a Junior ISA, and can be used to save for children of all ages. Click here for more information about TESPs, and specific plans offered by friendly societies.

Radcliffe & Newlands
Lump Sum Investments

Puzzled by lump sum investing? Get help from qualified investment professionals. Click here for more information.

Interesting Fact

Child Tax Exempt Savings Plans (TESPs) are an efficient and simple way to save for your child, and Shepherds Young Saver Plan lets you put away more per month than any other TESP.

Click here to find out more

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