What is a Junior ISA?

A Junior ISA is a tax-efficient way to invest for your child's future. The annual investment limit for this tax year is £4,080. There's no income tax or capital gains tax to pay on the final amount, which only the child can access and only at age 18.

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.

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.)

The OneFamily Junior ISA

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.

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 free lump sum for your child
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've won it as OneFamily in 2015 and 2016.

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.

Picking a fund

It shouldn't take any longer than 10 minutes to complete our online application.
To start, all you have to do is choose between the two funds below. Read the fund
factsheets for more information about how each fund is invested.

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

Our ethical Junior ISA

Our ethical Junior ISA invests in the Family Charities Ethical Trust.

This fund could be the right choice for you if:

  • You want to invest in a fund that only buys shares in companies with a responsible outlook on social, ethical and environmental issues.
  • You want to invest mainly in UK shares, in companies on the FTSE4Good UK 50 Index.*

Find out more with these key documents...

Important Information booklet

Key Investor Information document

Fund factsheet

Apply online

*"FTSE ®" is a trademark jointly owned by the London Stock Exchange plc and the Financial Times Limited and is used under license by FTSE. FTSE does not sponsor, endorse or promote this product.

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


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. Find out more »

        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 saving 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.

        How to transfer a Junior ISA to OneFamily

        • Check you have all the facts by reading the Important Information booklets, factsheets and, for our ethical Junior ISA, the Key Investor Information document.
        • Choose which fund you want to invest in.
        • Download and print the form for the fund you want.
        • Complete the form and send it to us at FREEPOST ONEFAMILY.

        Important: By completing and sending us a transfer form you are confirming that you have downloaded and kept a copy of the Important Information booklet and, where relevant, the Key Investor Information document. If you are unable to save a copy of any of these documents, please call 0800 616 695.

        Documents and forms to transfer into our Junior ISA

        Documents and forms to transfer into our ethical Junior ISA


        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. Before making a decision to transfer, you should check if the current Child Trust Fund provider will charge a fee.

        Find out how to transfer a Child Trust Fund to a Junior ISA »

        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.

        Find out more about transferring a Child Trust Fund to a Junior ISA »

        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 a Junior ISA online and set up a Direct Debit and we'll send you either a £20 or £50 e-voucher. Please see our gift terms and conditions »


        Find out more

        Take two minutes to watch our video all about the Junior ISA, or try some of the useful links below.

        Cash vs. stocks and shares »

        Our guide to the Junior ISA »