If your investments fall in value, you could lose money. Tax allowances and the benefits of tax-efficient accounts could change.
We have become part of interactive investor (ii). As a result, you can no longer open an account with us.
Ready-made Junior ISA benefits
Experts handpick and manage your child’s investments for you.
No UK Income Tax or Capital Gains to pay on profits.
A head start in adult life
Money cannot be withdrawn before your child reaches 18
No account or ‘transfer in’ fees
No dealing fees, initial fund charges or monthly admin fees.
Invest up to £9,000 this tax year
The annual Junior ISA allowance is set by the government.
Quick set up
Open an account online in minutes.
Your child’s investments
All money paid in will be invested in our ES Share Centre Multi Manager Growth & Income 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.
Ready-made Junior ISA costs
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||£2.40 per month|
|Transfer to another provider||Free|
|Bounced cheque or unpaid Direct Debit||£25|
|Deceased customer account administration||£50|
|Overdue fee charge - Sell stock (per investment)||£7.50 (To recover overdue fees on your account we may need to divest the equivalent value of your investments, plus this additional charge to cover the cost of the trade)|
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.
Payment of charges
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.
What interest will be paid on cash?
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.
Save as you spend with KidStart
Why invest with us?
Tips and tools
Our comprehensive range of investment tips and tools make it easy to choose and manage your investments.
Safe & secure
As one of the UK’s leading stockbrokers, we are authorised and regulated by the Financial Conduct Authority (FCA).
We’re proud to be regularly recognised by industry awards for our outstanding customer service.