How can I invest for future generations with a JISA?
Kick-start investing for your child or grandchild with a Junior Individual Savings Account. In this short video our Head of Education, Tim Bennett discusses why a Stocks & Shares JISA is a great long-term tool for tax-free saving on behalf of children.
Every child resident in the UK and under the
age of 18 is currently entitled to save up to £9,000 per annum in a tax free
environment. Otherwise known as the Junior ISA (JISA), it can be opened by a
parent or guardian and is one of the best ways to kick-start a savings account
for your child or grandchild.
A Stocks & Shares Junior ISA allows you to invest in
a wide range of shares, funds, investment trusts and bonds, giving your
savings the best chance to grow.
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This short guide should get you started on the road to successfully planning for, and managing, the financial challenges that come with raising a family.