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Junior ISA

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  • ispookie666
    ispookie666 Posts: 1,194 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I contribute to JISA and Junior SIPP (or just SIPP) - I have both with Fidelity.  I moved over from HL, as they charged fees for Junior ISAs(they do not charge fees currently). 
      
    Some of the advantages of SIPP are the years of compounding (comparing 12 yrs vs 40 ish for your) and the top-up from HMRC.  

    Fidelity Index world fund P is what I invest in. Vanguard and HSBC have similar funds.  
    Or you could accumulate good quality stocks and hold them forever, which I have also done.  

    For Fidelity - Junior ISA contributions can be changed online, but you must send a paper form to change Junior SIPP contributions.  
    “Don't raise your voice, improve your argument." - Desmond Tutu

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  • Thank you all for your insightful comments, much appreciated. Made me a lot more knowledgeable- thank you all
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