ISA for someone else's baby?

Hilton426

Good Morning!

My friend is having her little boy Christened and our group of friends wanted to club together and start a savings account for him.

Is this something we can do without her permission as it would be nice for it to be a surprise for them as well?

I suspect not but I can't seem to find a hard and fast 'yes or no'!

Many thanks!!
Laura

Stevie_Palimo

If you cannot set it up then perhaps all gather the money up and put it together in an envelope with the wishes of a savings account to be opened and hope your friend does this.

alanq

A junior ISA can be opened only by "Parents or guardians with parental responsibility".
https://www.gov.uk/junior-individual-savings-accounts/overview

xylophone

Ask the parents if they are going to open a JISA for their child - you can then contribute.

One of you could buy a Christening card to be signed by you all and the cash/cheque(s) put inside?

https://www.gov.uk/junior-individual-savings-accounts/overview