Providers set to launch Junior Isa

Providers set to launch Junior Isa

Junior Isas (Jisas) will be available from 1 November 2011, with an annual limit of £3,600.

Since final details were announced by the Treasury last week, several providers have come forward to offer details of their prospective Jisa products. We round them up below.

  • Asset manager Fidelity International is launching a Jisa on its fund supermarket, where customers can access around 1,200 funds from different providers.
  • Fund management company Fundsmith, run by Terry Smith, is launching the Fundsmith Equity Fund Junior Isa.
  • Witan Investment Services, which runs Witan Investment Trust, is launching its Junior Jump Isa, part of its children’s savings plan Jump Savings. It will invest in the group’s multi-manager investment trust.
  • Legal & General Investments is planning to launch a Jisa.
  • Sipp provider AJ Bell will offer a Jisa on its Sippdeal client platform. It will have the same pricing structure as its investment Isas offered through the platform, with no initial fee and no annual administration fee.
  • Family Investments will launch a Jisa, and parents can invest monthly premiums from as little as £10.
  • Hargreaves Lansdown will launch the HL Vantage Junior Isa, which will have around 2,400 funds to choose from through its fund supermarket.

 

 

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.