If your investments fall in value, you could lose money. Tax allowances and the benefits of tax-efficient accounts could change.
Leave the investment decisions to the experts with a hassle-free, tax-efficient investment package for your child.
Experts handpick and manage your child’s investments for you.
No Capital Gains Tax or further Income Tax to pay on profits.
Money cannot be withdrawn before your child reaches 18
No dealing fees, initial fund charges or monthly admin fees.
The annual Junior ISA allowance is set by the government.
Open an account online in minutes.
All money paid in will be invested in our TC Share Centre Multi-Manager Balanced Inc Fund, which contains a range of funds from well-known providers. This enables you to benefit from their expertise and spread risk by diversifying across different markets and sectors.
The annual management charge and ongoing charge (see links above) for your child’s fund are taken from the fund itself, so you don’t need to worry about paying them separately. There are no account fees, dealing fees, or initial fund charges to pay.
|Statements & contract notes by post rather than email||£1 + VAT per month|
|Transfer to another provider||£25 per account|
|Bounced cheque or unpaid Direct Debit||£25|
|Deceased customer account administration||£50|
Costs and charges illustration
To give you a feel for the costs involved, our cost sheet includes an illustration of costs you will pay, based on how much you invest and what type of investments you choose.
Ongoing fund charges are automatically taken from your fund. If you opt for postal statements & contract notes, the fee will be collected from your account on the 26th of each month, or the next business day.
Gross interest on any cash you hold will be credited to your account quarterly at the Bank of Scotland base rate, minus 3.5% (min. 0%). We may retain the difference between the interest paid to you and the interest we are able to earn, as permitted by The Financial Conduct Authority.
As one of the UK’s leading stockbrokers, we are authorised and regulated by the Financial Conduct Authority (FCA).
Our comprehensive range of investment tips and tools make it easy to choose and manage your investments.