Junior ISAs are three years old, but half of parents find the rules confusing
I get lots of emails from parents who are confused about junior ISAs so we carried out some research to find out how widespread this confusion is. Junior ISAs are tax-efficient accounts for children where money is locked away until they are 18. Almost half of parents wrongly assume all children can have a junior ISA and many aren’t sure if there are any limits on what can be paid into one.
Which junior cash ISAs pay the highest rate of interest?
If you want the best junior cash ISA for your child, which accounts are worth looking at?
Junior ISAs were launched in November 2011 - the government's replacement for the child trust fund, which was abolished in January the same year. They work in a similar way to 'adult' cash ISAs, which means that interest is paid tax free. However, unlike an adult cash ISA, you have to leave money in the junior ISA until your child is 18 (although they can transfer it between providers). Which pay the best rates?
Switching your child trust fund account; what to do and what to consider.
Child trust funds have been abolished but you can still switch existing accounts to another provider if you want to.
Child trust funds have been abolished, but you can still switch your existing child trust fund account to another provider to get a better return. How do you switch child trust fund provider and what should you look out for?