Logo

The OneFamily Junior ISA

The Junior ISA lets you invest over the long term for the things your child might really want going into their adult life: whether that's going to uni, driving lessons or perhaps a little extra to help pay for a flat of their own.

Our Junior ISA invests in stocks and shares and aims to grow your child's investment over the long term. Of course, as with any investment, the value can fall as well as rise meaning your child could get back less than is paid in.

Key points

  • Invest up to £4,080 each year.
  • Only your child can access the money and only at age 18.
  • Final amount free from income/capital gains tax.
    (Tax advantages depend on individual circumstances and may change in the future.)

Our Junior ISA explained

Good potential to grow
We invest in stocks and shares because we think that's the best way to grow your child's money. Over every 18 year period in the last 50 years, stocks and shares have made more money than cash accounts (where the money is protected)*. Of course, good returns in the past don’t guarantee good returns in the future.

*Source: Barclays equity gilt study February 2015. Average annual real rate of return based on Barclays indices.

A tax efficient way to invest for your child
This means that your child will receive a tax free lump sum. There's no income tax or capital gains tax payable on the final amount, so your child's money could go that little bit further.

Affordable and flexible
Pay in from £10 a month up to the maximum of £4,080 this tax year. You decide how much you can afford. And if you need to, you can change the amount you want to pay in at any time.

Moneyfacts logo - Best Junior ISA Provider 2015

By choosing our Junior ISA, you’re trusting an award winning provider. As Family Investments, we won the Moneyfacts award for Best Junior ISA Provider in 2012 and 2014, and we won again in 2015 as OneFamily.

Anyone can pay in
Family and friends can make a gift to the child by setting up a regular or one-off payment. You just need to make sure the combined payments don’t go over the current annual limit of £4,080.

Easy online account management
Register to manage your account online to amend your payment amounts or personal details, and to see how much your child could get when they turn 18.

Getting started

It shouldn't take any longer than 10 minutes to complete our online application. Please read the fund factsheet for more information about how each fund is invested and the important information booklet.

Our Junior ISA

Our Junior ISA invests in the Family Balanced International Fund.

This fund could be the right choice for you if:

  • You want a fund that invests in other areas as well as stocks and shares, spreading the risk and reducing the impact of the stock market on losses and gains.
  • You want to invest overseas as well as in the UK.

Find out more with these key documents...

Important Information booklet

Fund factsheet

Apply online

How much could your child get?

We all want our children to do well in life and there are certain milestones where a little help from parents can make a massive difference.  Whether you're investing a little or a lot, you can use our calculator to work out how you could build up a very useful amount by the time they're 18.

The figures are a guide only, and we can't guarantee them. They're not a reliable indication of future performance. The amount your child gets back depends on how the investment grows. Stocks and shares can fall as well as rise so the child could back less than has been paid in. Also, the cost of living generally increases so the final amount may not buy as much in the future as it could now.

Slide to the amount per month you intend to invest

  • £50

Slide to the current age of your child

  • CHILD'S AGE IN YEARS 5

Amount your child could receive at age 18

    £

    2% annual growth

      £

      5% annual growth

        £

        8% annual growth

        The results assume amounts for low (2%), mid (5%) and high (8%) annual growth levels. These figures include a deduction of annual management charges of 1.5% and additional expenses of 0.2%. Calculations are not exact and these charges may vary in the future.

        If you open a OneFamily Junior ISA, we'll send you statements twice a year to show you how your child's account is coming along.


        Junior ISA questions and answers

        Can I open a Junior ISA?

        Yes, as long as you have parental responsibility for the child.

        Is my child eligible for a OneFamily Junior ISA?

        To be eligible for our Junior ISA, your child must:

        • Be resident in the UK
        • Be under the age of 16
        • Not have been eligible for a Child Trust Fund

        Existing Child Trust Funds can be transferred into our Junior ISA. To find out more please call us on 0800 1389 007

        Can I access the money paid into a Junior ISA?

        No, the account belongs to the child and any money paid in to a Junior ISA belongs to the child. Only they can access the money and only after they turn 18.

        What happens when my child turns 18?

        When your child turns 18, their Junior ISA will become an adult ISA. It’s up to them whether they keep their money invested or withdraw the money.

        Are there any charges?

        There is an Annual Management Charge of 1.5% of the value of the fund. Other annual expenses of approximately 0.2% of the value of the fund are also deducted. You can find more information about these charges in the Important Information booklet.

        Do I have to take out a new Junior ISA, with a new provider, each tax year?

        No, your Junior ISA can remain with a single provider throughout the lifetime of the account. You may also transfer the funds to another provider at any time.

        Can I transfer my child’s Junior ISA between providers?

        Yes, you can transfer your child’s Junior ISA to another provider at any time.

        It's easy to transfer into our Junior ISA and we don't make any charges to do this. You will need to transfer £500 or more though.

        To find out more please call us on 0800 1389 007

         

        If my child already has a Child Trust Fund, can I also open a Junior ISA for them?

        No, your child can’t have both a Child Trust Fund and a Junior ISA. However, if your child already has a Child Trust Fund, you can transfer the funds over to open a Junior ISA.

        To transfer a Child Trust Fund, you must be the Registered Contact on the account. Once you have made the transfer into a Junior ISA you cannot transfer back into a Child Trust Fund. To find out more please call us on 0800 1389 007

        Can I transfer a Child Trust Fund to a Junior ISA?

        Yes, you can transfer a Child Trust Fund to open a Junior ISA, provided you're the Registered Contact on the Child Trust Fund account.

        As an award-winning provider of both products the choice between moving from a CTF to a JISA really comes down to the individual family and how they are looking to make the most of their product and savings.

        To find out more please call us on 0800 1389 007.

        Can I cancel the account?

        After you take out a Junior ISA, you have the right to cancel it within 14 days of the date you receive your Welcome Pack.

        After 14 days, the account will remain open until your child’s 18th birthday. However, you don’t have to keep paying during this time. You can increase, decrease or stop payments at any time.

        See the Important Information booklet for more information on what happens if you cancel the account.

        Apply online today

        A little thank you

        We'd like to give you a little gift to say thank you for your application. Open our Junior ISA and set a Direct Debit of £10 or more, and we'll send you a £10 Boots or Amazon e-voucher. If your Direct debit is £20 or more we'll send you a £20 e-voucher. Please see our gift terms and conditions »

        Family Balanced International Fund

        Important Information booklet

        Fund factsheet

        Apply online

        Or request an enquiry pack »

        £20 e-voucher no-bg

        Find out more

        Take two minutes to watch our video all about the Junior ISA.

        video
         

        The information we provide should help you to make an informed decision as neither Bounty nor OneFamily provide advice. If you’re not sure whether this Junior ISA is suitable for you or your child, it’s worth speaking to an independent financial advisor (IFA). You can find one at unbiased.co.uk.

        Bounty is a trading name of Bounty (UK) Limited who are an Introducer Appointed Representative (registered in the UK) of OneFamily.

        The Junior ISA is provided by OneFamily. OneFamily is a trading name of Family Equity Plan Limited (Co. No. 2208249). Registered in England & Wales at 16-17 West Street, Brighton, BN1 2RL, United Kingdom. Family Equity Plan Limited is authorised and regulated by the Financial Conduct Authority.