Oops page not found
It might have been moved, removed, renamed, or never existed. It's not in this cabinet though, we checked. You might find what you're looking for on our homepage.
It might have been moved, removed, renamed, or never existed. It's not in this cabinet though, we checked. You might find what you're looking for on our homepage.
It might have been moved, removed, renamed, or never existed. It's not in this cabinet though, we checked. You might find what you're looking for on our homepage.
Simply log in to your online account and go to the ‘Update my details’ area, where your current contact details will be displayed and can be updated.
No – the Junior ISA can only be opened after the child is born. But if you’d like to receive our information and application pack ready for when the child is born, please use our Request a pack page.
Yes – to transfer an existing Junior ISA to us, please complete the PDF file: Junior ISA transfer form PDF size: 91KB and send it back to us – we’ll do the rest.
Please bear in mind that it normally takes up to two weeks, but could take longer. Your existing provider may charge you a fee for the transfer. Whilst your ISA transfer is taking place you won’t benefit from any rise in the markets so you could lose some growth.
If you wish to transfer your Junior ISA from us to another provider you'll need to contact the provider for their transfer process.
Each eligible child can have one cash Junior ISA and one stocks and shares Junior ISA at any time. If the child is invested in both versions, it is up to the registered contact to ensure they remain within the annual Junior ISA limit.
There are two types of Junior ISA available:
You can save the full allowance in one type of Junior ISA or, by splitting the allowance, you can use both types.
Legal & General Investments only offers a stocks and shares Junior ISA.
Anyone can contribute to a Junior ISA once it’s set up, as long as the total contributions from all parties don’t exceed the annual allowance. To make a contribution all you’ll need to provide is the child’s:
Yes – from 6 April 2015 the rules changed to allow the transfer of Child Trust Funds (CTFs) to Junior ISAs. Once you have transferred from a CTF to a Junior ISA it permanently becomes a Junior ISA and cannot be switched back to a CTF.
To transfer a CTF to us, please complete the PDF file: Junior ISA transfer form PDF size: 91KB and send it back to us – we’ll do the rest.
Please bear in mind that it normally takes up to two weeks, but could take longer. Whilst your transfer is taking place you won’t benefit from any rise in the markets so you could lose some growth.
The registered contact is the only person allowed to make decisions regarding the management of a Junior ISA.
The minimum investment for our Junior ISA is £20 a month by direct debit or £100 as a lump sum.
The registered contact is the only person allowed to make decisions regarding the management of a Junior ISA.
Junior ISAs are available to children who:
As long as you invest the minimum amounts for the Junior ISA, you can split the investment across our funds however you like.
Yes – the savings entitlements are the same for Child Trust Funds (CTFs) and Junior ISAs. However, the annual allowance for Junior ISAs runs in line with the tax year (6 April to 5 April the following year), not the child’s birthday as with CTFs.
No – you can hold a cash Junior ISA with one company and a stocks and shares Junior ISA with a different one.
Any regular contributions will be split across the funds already held in the Junior ISA, matching the existing proportions. Only the registered contact can select or change the funds held within the Junior ISA.
The definition of this is someone with the rights and duties of a parent for the child.
You can only open a Junior ISA on behalf of an eligible child if you are the Legal Guardian (a parent or someone with parental responsibility) for that child. This person becomes the registered contact for the account.
A child aged between 16 and 18 can open a Junior ISA for themselves. They would become the registered contact in this case.
We’ll send a notice of the rights to cancel to the registered contact as soon as we accept their application. The registered contact has 14 days to cancel the investment by writing to us, if they change their mind.
We’ll refund all the charges we’ve deducted. However, this might not be the full amount invested if the value of the units has fallen. Full details are included in our Investment Account, ISA and Junior ISA terms and conditions PDF size: 215KB.
Only the registered contact is allowed to make decisions regarding the management of a Junior ISA.
No – the money invested in a Junior ISA is locked away until the child’s 18th birthday, at which point they’ll have the option to remain invested with an adult ISA, or take some or all of the money.
If you invest with us remember you’ll always have the option to switch to another fund if the market or your needs change. You also have the option to transfer the money to another Junior ISA provider.
No – the value of the Child Trust Fund you transfer will not count towards the Junior ISA allowance for the tax year in which you make the transfer.
The money will be held in a Junior ISA until the child’s 18th birthday unless there are exceptional circumstances. These are detailed in our Investment Account, ISA and Junior ISA terms and conditions PDF size: 215KB.
No – you can only transfer a Child Trust Fund (CTF) to a Junior ISA in full, it is not possible to split the amount between a CTF and a Junior ISA.
You can use the money in other accounts to fund a Junior ISA, but there is no specific direct transfer process.
No - a child is eligible for one or the other of these initiatives. However, it is now possible to transfer an existing Child Trust Fund into a Junior ISA. Visit our Transfer a Junior ISA to us page for more information.
It’s tax-efficient like all ISAs, but a Junior ISA is different because it allows adults to save for, and invest on behalf of, a child. Other differences include a lower yearly allowance and you can't normally take cash from a Junior ISA until the child turns 18.
By investing in a Junior ISA, your child will benefit from not having to pay personal income tax or capital gains tax on any profit the investment makes. Please bear in mind that the tax assumptions we’ve used are those currently relevant, but tax laws can change over time which could affect investments. The value of the tax benefit will depend on individual circumstances.
Yes – as long you’re the legal guardian for the child then you can be the registered contact for their Junior ISA. You can also be the registered contact for your own Junior ISA if you're aged between 16 and 18.