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A Junior ISA, also known as a child's ISA, is a tax-efficient savings account which allows you to gift a tax-free lump sum to your child as soon as they turn 18. It allows you to save for their future without paying income tax or Capital Gains tax on the returns.
This investment plan allows you to invest in shares, funds, bonds, and other assets from just £10 a month. This gives your money more potential for growth than in a cash-based savings account.
For nearly 200 years Shepherds Friendly have been providing fair and easy to manage financial services to their members. As a mutual, their members have the added benefit of having more profits the business earns go back into the membership.
A word from Shepherds Friendly:
Remember: When investing, your capital is at risk. In poor investment conditions a Market Value Reduction (MVR) may be applied.
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