Junior ISA

Build your child's financial future together

Only someone with parental responsibility can open a Junior ISA but anyone can pay in. So aunties, uncles, cousins, friends and even neighbours can all help you invest more for your child, while you keep an eye on how your child's money is doing in our easy-to-use online account.

About the OneFamily Junior ISA

What is a OneFamily Junior ISA?

A OneFamily Junior ISA is an investment account that can be opened for a child under 16 by someone who has parental responsibility for the child.

Anyone can pay money in, and the child will be able to access it when they turn 18 without paying any tax.

OneFamily’s Junior ISA is a stocks and shares junior ISA. That means the money that you pay in goes into a fund that’s invested in the stock market.

This gives your money good potential to outgrow interest rates, but there is a risk that its value could go down, which would mean your child getting back less than has been paid in.

We charge an Annual Management Charge which is 1.5% of the account value.

Read more about Junior ISAs

What happens when the child turns 18?

At 18, the Junior ISA “matures”. This means it stops being a junior ISA and the money becomes available. The money in the account will stay invested until it’s moved but it won’t be possible to pay any more money in.

The child will be able to create an online account on OneFamily and from there they’ll be able to tell us what they’d like to do with their money. We won’t be able to take instructions from anyone else.

They won’t have to take all their money out straightaway. They can leave some, or all, of it where it is while they decide their next move, or they could move their money into another type of ISA.

Find out more about what happens at 18 in our maturity FAQs

How much can I invest in a Junior ISA?

What’s the difference between cash and stocks and shares junior ISAs?

The main difference is how they make money.

Cash junior ISAs earn interest, like current accounts do. They can’t go down in value but how much they make depends on interest rates.

Stocks and shares junior ISAs, like OneFamily’s Junior ISA, invest in funds that buy investments, for example shares in companies. The value of the money in the fund changes depending on the value of those investments.

Therefore, there is greater potential for your money to grow in a stocks and shares junior ISA, especially over the long-term, but there is a risk that the value could go down and the child could get back less than has been paid in.

Find out more about the difference between saving and investing

Start saving today

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Helping you invest more for your child’s future

Anyone can pay into a Junior ISA. Family and friends can help you invest more for your child's future, while you keep an eye on the funds with an easy-to-use online account.

Open a Junior ISA online
Get started today - It’s quick and easy

Manage your account
You can access your account online, 24/7

Help grow your child’s savings
Anyone can pay into a Junior ISA

Access on your child’s 18th Birthday
A tax-free cash gift when they turn 18

Open a Junior ISA

Transfer to a Junior ISA

Why invest with OneFamily?

We've over 45 years’ experience of being a trusted provider of financial products for children and adults, looking after over £5.5 billion for nearly 2 million customers.*

As a member-owned business, we want to have a positive impact on those around us. Our Inspiring Better Futures vision underpins our commitment to supporting our members and customers, creating an inclusive and diverse work environment and making a real difference in our communities.

Whether it’s offering affordable and accessible products to suit all types of savers, supporting our members with education grants, or giving back to our communities through charity partnerships and volunteering, our vision is at the heart of what we do.

*As at December 2022

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How to open a OneFamily Junior ISA

Choose which fund you'd like to invest your Junior ISA in. You might like to consider which risk rating you're most comfortable with.

Family Balanced International Fund

A balanced mix of assets for modest growth with better protection from losses

Invest your money in a wide range of assets including company shares and property, as well as fixed interest assets to reduce your risk of loss. A wide range of investments includes companies in the UK, Europe, US, Far East and emerging markets.

Avg. yearly
growth*
Fund
size
Global
investments

Risk rating

Lower Higher

Fund performance:

*Performance includes all charges payable. Please remember that past performance should not be seen as an indication of future performance.

You can find out more about this fund in our Key Information Document and Fund Factsheet

Select and apply

Family Charities Ethical Trust Fund

UK investments chosen for their environmental sustainability and ethical standards

Invest your money into companies in the UK who focus on operating in a more sustainable way and ensure good supply-chain labour standards. Invests into sectors including pharmaceuticals, consumer goods and healthcare.