Changes to OneFamily's Junior ISAs (JISAs)

Anticipated date of change:

19 July 2026

We're changing which funds our Junior ISA invests in and which part of the OneFamily Group acts as Junior ISA manager.

Read on to find out more about what's changing, why and how it could affect you.

Details of new funds

Current fund	New fund	Fund information link	Underlying investments	ISIN
Family Charities Ethical Trust	OneFamily UK Shares (A)	Key Information Document: OneFamily UK Shares (A)	State Street AUT UK Screened Index Equity Fund	GB00B06MWQ97
Family Investments Balanced International	OneFamily Global Mixed	Key Information Document: OneFamily Global Mixed	State Street Global Emerging Markets Screened Index Equity Fund	LU2583742403
			Invesco UK Gilt 1-5 Year UCITS ETF Dist*	IE00BG0TQ445
			Invesco UK Gilt 15+ Year UCITS ETF GBP Dist*	IE000AES5KQ5
			Invesco UK Gilts UCITS ETF Acc*	IE00BG0TQD32
			Invesco GBP Corporate Bond Screened & Tilted UCITS ETF Dist*	IE00BKW9SV11

What's changing?

There are four main changes:

The fund you invest in is changing

The legal entity of your Junior ISA is changing

The “legal entity” is the company within the OneFamily Group that manages your Junior ISA.

This is currently “Family Equity Fund Limited”. It will be changing to “Family Assurance Friendly Society Limited”.

OneFamily is a trading name for both these entities so you’ll still be a OneFamily customer and the way your Junior ISA is managed won't change. The team, and our contact details, will stay the same.

This particular change is unlikely to affect you, but we have a duty to let you know.

Your Direct Debit might look different on your bank statement

After this change happens, you might notice when you check your bank statement that your OneFamily Direct Debit goes to Family Assurance Friendly Society Limited.

This is still OneFamily. The change in name is because the legal entity is changing (see above).

This might trigger your bank to send you a notification that you have a new Direct Debit set up. If this happens, just check that the details and the amount you're paying are what you expect.

We've added a death benefit

How these changes affect you

Your Direct Debit is going to be collected under a different company name. Your Direct Debit might look slightly different on your bank statement. This is expected and there’s nothing you need to do.
The account will come with a death benefit. If the child named on the junior ISA dies while their OneFamily Junior ISA is open with money in it, we’ll pay out 101% of the account’s value. Again, there’s nothing you need to do, except in the unlikely event that the account holder dies.

What's not changing

No expected changes to investment returns. The investment approach of the new fund is very similar to that of the old one. Therefore, future performance expectations aren't affected by the changes we're making.
No change to charges. We’ll continue to charge the same Annual Management Charge and no platform- or fund-level fees.
The Financial Services Compensation Scheme (FSCS) still applies. The FSCS protections will still apply but if Family Assurance Friendly Society Limited fails, this will now be covered under the insurance section which currently allows for 100% protection. See the FSCS website for more details.
Your online account details and Junior ISA reference number haven't changed. You can still log in in the same way and use the same password and reference number when you speak to us.
Your Direct Debit guarantee remains unchanged. This is a protection scheme offered by all banks and building societies in the UK. If we make a mistake with your Direct Debit, we will rectify this and refund you immediately. You can read the Direct Debit guarantee here.

Terms and conditions

The terms and conditions (T&Cs) of your account will change. You can download your new T&Cs using the link below.

Junior ISA T&Cs, pre- and post- maturity

What options do I have?

If you’re happy with these changes, you don’t need to do anything.

However, if you’d like to leave OneFamily as a result of these changes, we’re sorry to see you go but respect your decision.

We don’t charge you to transfer to another provider and this won’t affect your junior ISA allowance, as long as you transfer without withdrawing. To start a transfer out, please visit the website of the provider you’d like to move to.

If the account holder has turned 18, they have the option to withdraw their money or transfer it into an adult account, such as a Lifetime ISA or Stocks and Shares ISA. Find out more about Junior ISA maturity.

Any questions?

If there’s anything you don’t understand or if you have any questions at all, please just give us a call on 0344 8 920 920 or log into your account to send us a secure message.

Changes to OneFamily’s Junior ISAs (JISAs)