Are you a parent thinking of putting something away for a child? Here are 5 ways you could make the most out of Junior ISAs. 1. Start sooner rather than later It’s an old adage and one that can definitely be applied to putting some money away for your child’s future: The sooner you get started, the more time you will have for your investment to…
Featured Junior ISA Articles
After several weeks of “prompting” by my wife I finally got around to doing what I intended to do as “soon as I could” and upgrade my kids’ CTF, to a Junior ISA. It was like mowing the lawn: something always seemed to get in the way; playing FIFA 15 just one more time, oh and working out when to order FIFA 16, I’ll just…
Our little bundles of joy aren’t little for very long. My baby turned one last week and the past year has gone by in the blink of an eye. With time moving on so quickly, saving and investing for our babies when they are young could be a good idea. However, when you’re up to your eyes in nappies, its not always at the forefront of your mind. The budget…
Scottish Friendly offer a range of saving and investment plans that you could use to give your grandchildren a helping hand when they start out in life. There have never been more ways of investing for your grandchildren – and depending on how you want to do it, if you want to lock the money away, and what sort of access you want them to…
This week is the third anniversary of the Junior ISA (JISA). Designed as a way for parents – and family and friends – to save for their children’s future in a tax efficient way, the JISA was introduced in November 2011 to replace the Child Trust Fund (CTF). The JISA has proven very popular. Currently, nearly four out of every five parents are actively putting…