With the financial world becoming increasingly challenging, the future of our children is more important than ever.
Will your children be able to buy their own home in the future? The first time home buyer had an average age of 31 and needed a £33,127 deposit in August 2018 (Halifax, August 2018).
Will your children be able to afford to go to university?
When students graduate, they will have racked up an average debt of £50,600 (Institute for Fiscal Studies, July 2017).
What is the Junior ISA allowance for 2019/2020? From the 6th April 2019, the amount of investment into a JISA has increased from £4,260 to £4,368 per year.
With forward planning, parents, grandparents and other family members can help the younger generation get a foot on the financial ladder and help promote savings habits.
The St. James’s Place Junior ISA (JISA) provides a flexible and tax-efficient way to build a capital sum to help secure the financial future of your children.
As a Partner Practice of St. James’s Place, we have access to the expertise of some of the world’s leading investment experts to look after our Junior ISA funds
Before investing in a JISA, it is important that you seek professional advice, you can also read our Key Investor Information Documents. For further information about our investment portfolios and to view factsheets, key information and performance data for the range of St. James's Place investment funds, please click the above link.
Please contact us should you wish to discuss investing in a St. James's Place Junior ISA.
The value of a Junior ISA with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than was invested.
The favourable tax treatment of Junior ISAs may not be maintained in the future and is subject to changes in legislation.