Alternative to Junior ISA

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  • sanch3z_77
    sanch3z_77 Posts: 27 Forumite
    First Anniversary First Post
    Ah !!!!!!, didn't realise that. I spoke to Vanguard who suggested I got the current supplier to convert the CTF to a JISA then I could transfer it into the one JISA. Why on earth can't a child have both? Seems Bizarre... That might screw me up doing it before the allowance expires. Can't imagine converting to a JISA is a quick process.

    Is there a problem with a child having multiple JISAs?

    Could I action the change from the CTF to JISA and then set-up another JISA on Vanguard?
  • sanch3z_77
    sanch3z_77 Posts: 27 Forumite
    First Anniversary First Post
    edited 19 March 2019 at 9:21PM
    so I guess there are now two options for my eldest daughter:

    A: Leave the CTF and add to that

    or

    B: Add a small one off payment to CTF (difference between annual allowance and money we want to invest in an JISA), convert it to a JISA, transfer to Vanguard then once transferred top-up with the difference after April 5
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