The younger generation are facing new and difficult financial challenges as they grow up in the modern world. University tuition fees, the challenge of finding a deposit on a first house and, further ahead, the prospect of having to work longer and make provision for an income in retirement. In 2011 Junior ISAs replaced Child Trust Funds (CTF). For children born between 2002 and 2011, they would have had a CTF. These can be transferred into a Junior ISA.
The St. James's Place Junior ISA can help give youngsters a head start and an introduction to the importance of saving. It provides a flexible and tax-efficient way to build a capital sum to help secure the financial future of your children.
The funds can be accessed once the child reaches 18 and can ensure they have a good education, open up opportunities and help them get established when they grow up. Starting to save money now might be the difference between whether or not they can afford to do what they would like when the time comes.
Key Investor Information Documents
It is important that you read our Key Investor Information Documents and you can access these by contacting us or your usual Blythswood Associates Financial Adviser.
The value of an investment with St. James's Place will be directly linked to the performance of funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The favourable tax treatment given to ISAs is subject to changes in legislation and may not be maintained in the future.