Is it possible to place a Bed and Junior ISA/Junior SIPP instruction?
Yes. Our Bed and Junior ISA and Bed and Junior SIPP service allows the sale of investments from the registered contact’s HL Fund and Share account or from the child’s Designated Account free of charge, using the proceeds to open, or top up, a Junior ISA or Junior SIPP (subject to the child’s allowances). The same or a different investment can then be immediately bought back in the Junior ISA/SIPP, or the proceeds can be held as cash.
If the Bed and Junior ISA or Bed and Junior SIPP service is being used to top up an existing account please send a written letter of instruction signed by the registered contact (and by the current holder of the investments, if different) to:
1 College Square South
If the Bed and Junior ISA or Bed and Junior SIPP service is being used to open a Junior ISA or Junior SIPP account, or the account is already open but no subscription/contribution has been made in the current or previous tax year, please also include a completed application form.