Invest in your Childs Future with our Stocks & Shares Junior ISA

Put a little away for your child or grandchild when they grow up - Get started from as little as a £50 per month or a £500 lump sum.

Give your children a financial head start with our JISA. Shelter up to £4,128 this tax year from further tax.

Stocks & Shares Junior ISA - What you need to know:

  •  Save tax - shelter up to £4,128 per tax year
  •  Use your allowance by 5 April 2018 or lose it!
  •  Only your child can access the money and only then at age 18. If you want to be able to access the money then consider a Stocks & Shares ISA.
  •  Automatic conversion to full ISA at age 18
  •  Transfer in and consolidate Child Trust Funds or existing Junior ISAs

If you are unsure about investing, don't worry we have a Foundation Fundlist and Foundation Portfolios to get you started.

Why a Stocks & Shares Junior ISA?

A Stocks & Shares JISA is a great way to invest for your childs future, they offer the possibility of a higher return than cash JISAs* particularly in light of todays low interest rates. You have control over what you invest in and when.

Stocks & Shares JISA Benefits

Charles Stanley Direct offers a Stocks and Shares Junior ISA with no initial charges or additional annual fees. You can enjoy all the financial advantages of our service, such as commission-free fund pricing and automatic "clean" conversion on fund transfers (where possible) coupled with the tax efficiency of a Junior ISA. You pay only the annual Platform charge and share dealing fees where applicable.

 

Who can open a Junior ISA?

Though the money belongs to the child the account must be opened and managed by a parent or legal guardian. However anyone can contribute as long as total contributions don’t exceed the annual allowance of £4,128.
 

Anyone can pay in - so you can encourage family and friends to make gifts directly to your childs JISA.

How much will it be taxed?

There is no capital gains tax or UK income tax to pay on the income generated by the investments in a Junior ISA. They do not need to be declared on any tax returns, and it is this simplicity that makes them the first port of call for many parents and grandparents looking to save for their children's future.

 

Please note that tax rules can change over time and the benefits to the child will depend upon individual circumstances.

Benefits of Charles Stanley Direct

Award Winning UK Telephone Helpdesk

Supporting you on your journey to wealth.

Competitive Charges

Our low platform charge is 0.25% or less.

Consolidation of Existing Investments

You can transfer in and consolidate your existing investments and pensions, enabling you to have all accounts in one place.

Extensive Research and Analysis

Our dedicated analysts produce regular research notes and provide detailed advice  on companies and sectors across the UK stock market.

Peace of Mind

Invest through an award winning FCA authorised and regulated company .

Fully-featured investment platform

Giving you control to tailor your portfolio quickly and easily.

What do our clients think?

86%

of our clients would recommend us to a friend.

87%

of our clients are very satisfied with our client service.

Data taken from 3315 clients taken between 01/01/2017 – 22/02/2017.
Platform Charge 0.25%

Our maximum platform charge for holding investments is 0.25%. For fund holdings (OEICs and Unit Trusts) the charge can fall as low as 0.05% per annum. For shareholdings the maximum charge is £240 per annum - but if you place 1 or more chargeable trades each month we won’t charge you anything to hold your shares.

Fund Trading Free

We don’t charge for buying or selling funds.

Share Trading (Online) £11.50

Each time you buy or sell a share we charge £11.50.

Clean priced funds - all funds purchased through us are clean priced and typically have no initial charge. See our charges in full.

Can I open a Junior ISA for a grandchild?

No, all Junior ISAs must be opened by one of the parents or legal guardians of the child. However, you can pay into an existing account by contacting the Helpdesk on 0131 550 1234.  They can send you a Third Party Contribution form.  You should then return this form with a personal cheque to our Edinburgh office.

I manage a Junior ISA for a child who is about to turn 18. What do I need to do?

We will contact you as a matter of course ahead of the child’s birthday. Once the child turns 18, he or she will need to register through our home page and complete an ISA application. Once complete we will then convert the account into a full ISA in the child’s name.

What can I hold in the Junior ISA?

The following securities can be held in your ISA;

  • Funds, Unit Trusts and OEICs
  • UK Equities listed on the London Stock Exchange (LSE) and the Alternative Investment Market (AIM)
  • Investment Trusts and Real Estate Investment Trusts (REITs)
  • Gilts & Bonds
  • Permanent Interest Bearing Shares (PIBS)
  • Exchange Traded Products
  • Overseas shares listed on the main European US Canadian and Far Eastern Markets

If you are unsure whether an investment is eligible, please contact our Help Desk on 0131 550 1234.