We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Junior ISA-shares-best provider

Hi,
I'm looking to setup a junior shares ISA for my son. There doesn't seem to be a huge amount of information about and providers seem a little thin on the ground. I guess that administration and dealing charges will vary between providers. Can anyone advise what options there are.
Thanks

Comments

  • I'll be interested to see what people come up with here. I'm just looking and have been disappointed to see that F&C don't offer a junior ISA direct, as that was my first choice having been pleased with the CTF account for my eldest (all in Global Smaller Companies). F&C offer through Alliance Trust, but £25+VAT annual fee.
    I am now looking at Fidelity via Cavendish online as I have my ISA with them. No annual fees and rebated trail commission.
  • westy22
    westy22 Posts: 1,105 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Depends whether you are looking at shares or funds (or both).

    Fidelity FundsNetwork via Cavendish Online http://www.cavendishonline.co.uk/investments/ is great value for funds but you can't hold shares with them.
    Old dog but always delighted to learn new tricks!
  • twingo100
    twingo100 Posts: 16 Forumite
    I use Hargreaves Lansdown for my son's isa and find it very easy to use.
    July's Challenges
    15 NSD 0/15
    :j15 Pound a Day:j
    Loose 1 Stone
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I believe F&C may be offering one themselves very soon. Definitely something I want to sort for my kids too!
    Remember the saying: if it looks too good to be true it almost certainly is.
  • RosieBee_2
    RosieBee_2 Posts: 163 Forumite
    Hi,

    there are a host of providers for the Junior ISA, and i will add some links into the post here so you can have a look.

    generally the maximum allowance will be set by the Government, but after next April it is set to move in line with the inflation measure, which if i am not wrong is the consumer prices index. The max allowance is £3,600 right now.

    other details like initial charges and minimum deposit will vary from one provider to another.

    have a look at these links. Hope they help]

    first site

    second site

    third site

    and heres one more.

    RosieBee
  • snowcat53
    snowcat53 Posts: 602 Forumite
    . I'm just looking and have been disappointed to see that F&C don't offer a junior ISA direct, as that was my first choice having been pleased with the CTF account for my eldest (all in Global Smaller Companies).

    F&C told me on the phone recently they expected to offer a JISA this summer. I also think their CTF shareholder account (note not the 'stakeholder') is good with very low charges and a fair range of fund options (i have F&C inv Trust and Global smaller cos)
  • lestergun
    lestergun Posts: 119 Forumite
    Agree about the Hargreaves Lansdown Junior ISA. Chose them as all my other accounts are with them so it's easier to manage but pleased with the product in general.

    It's a stocks ISA so performance is obviously reliant on what you hold.

    They used to offer a ceramic duck if you opened with £1k+.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.