A Junior Stocks and Shares ISA is a tax-efficient investment account for children under 18.
Any parent or legal guardian can start an HL Junior ISA for their child, and even family and friends can add money as well.
When your child turns 18 they will get access to the money - it could help give them a head start on university fees, their first home or a future nest egg.
How much can I invest?
Each tax year (6 April to 5 April) there’s a limited amount of money you can put in a Junior ISA.
This tax year the Junior ISA allowance is £4,128.
Tax rules for ISAs can change and their benefits depend on individual circumstances.
HL Junior ISA charges
The annual charge for holding investments in an HL Junior ISA is never more than 0.45%. Your dealing and other charges will depend on the investments you choose.
Open an HL Junior ISA
Once you've decided to open a Junior ISA, it takes less than five minutes to get started. You'll just need a debit card and your national insurance number to hand, as well as the child’s national insurance number (if they have one). Remember that your investments can go down as well as up in value, so your child could get back less than you put in.
Open a Junior ISA
Your child is eligible if they're a UK resident, under 18 and don't already have a Junior Stocks and Shares ISA or Child Trust Fund. If they do, you'd need to transfer instead.
You can open an account from £100 or as little as £25 per month.
Transfer a Junior ISA or Child Trust Fund
If your child already has a Child Trust Fund or Junior ISA, it's easy to transfer to an HL Junior ISA.
Your investment options
With an HL Junior Stocks and Shares ISA, you can choose investments for your child.
- Over 2,500 funds
- UK and overseas shares
- Investment trusts, bonds and exchange-traded funds (ETFs)
- Security - we're a FTSE 100 company, trusted by over one million clients
- Choice - thousands of funds, UK and overseas shares and more at your fingertips
- Family-friendly - it’s easy to link and manage all your family’s accounts in one place
- Expertise - investment ideas from our expert analysts