Saving For your Children


There are two types available:

✅Cash Junior ISA

✅ Stocks and shares Junior ISA.

Both can be used to make a long-term investment for your child, but the option you choose will likely depend on your attitude to risk.

The current annual subscription limit for Junior ISAs is up to £9,000 for the 2020/21 tax year

Over the long term, a stocks and shares Junior ISA offers the potential for larger returns. But it’s worth remembering that its value can fall as well as rise.

Cash is more secure, but the cost of living (inflation) generally increases over time, so if interest rates aren’t higher than inflation the final amount probably won’t buy as much in the future as it could now.

Time is running out to use this years allowance !!

For clear helpful advice for all you money and financial needs please get in touch.


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