A Junior Investment Account can be setup as either a Designated Account, or Bare Trust Agreement. Please decide which option is the best for you based on your tax considerations and legal considerations.
This allows you to retain control of the Junior Investment Account, and you decide when it should be passed to the child.
The account is held in Trust for the benefit of the child. When the child reaches 18, the control for the account passes to the child.
Once you've opened a Junior Investment Account, you can choose from a wide range of optional services that makes managing your investments even easier – at no extra cost.
If you are expecting to trade frequently or invest a significant lump sum, our Trader option may be more cost effective. Regardless of how many accounts you have, you pay a fixed amount of £7.50 for each transaction with the Trader option rather than a percentage of the investment.
We offer three easy ways for you to manage your dividends: retained, reinvested or paid out. Simply indicate how you would like your dividends handled when you open your Junior Investment Account. Once your account is open, it's easy to change how your dividends are managed.
Whenever you make a sale or purchase we will send you a detailed contract note. Plus, with a Junior Investment Account you receive a statement twice a year detailing all transactions from the past six months.
As a shareholder you enjoy certain shareholder rights. For no extra charge, we can arrange for you to receive a wealth of information from the companies you have invested in, including annual company reports and accounts and notices of general meetings.
01296 41 41 41
Three different ways to open a Junior Investment Acccount.
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