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Welcome to CashJuniorISA.co.uk
How to save for your child’s future can be a very important decision.
Whilst there are many options available, the new Junior ISA offers a tax free cash savings account for children.
They work pretty much like many of the regular Childrens Savings Accounts except that the funds are locked away until the child becomes and adult (18 years old).
Once the child reaches 18, the account then automatically switches to a regular ISA account and they will have full access to the funds.
However, the most common type of JISA (Junior Individual Savings Account) is an Investment Junior ISA (also known as a Stocks and Shares Junior ISA).
These are offered by many different companies and organisations including fund markets, financial planning companies and mutual friendly societies.
There are many different types of Junior ISAs available including:
Stakeholder Junior ISA
With Profits Junior ISA
Stocks and Shares Junior ISA
Ethical Junior ISA
Actively Managed Junior ISA
Shariah Junior ISA
Dependent upon who are your Junior ISA Providers, yours savings are invested in many different funds and as with all investments for children, the value can go down as well as up.
The Childrens ISA Ltd are one of the UK’s leading Junior ISA Providers and offer a great choice of Children’s ISAs for all different types of savers from both the low risk, low maintenance Junior ISA right through to an Actively Managed Junior ISA. They are also one of the only providers to offer a Shariah compliant Junior ISA.
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