Scottish Friendly has been awarded ‘Best Junior ISA Provider’ for the last 5 years at the Investment Life & Pensions MoneyFacts Awards and the ‘Best Junior ISA Provider’ at the 2022 World Business Outlook Awards.
Scottish Friendly’s My Select Junior (ISA) offers a choice of 9 funds, including a Unitised With-Profits fund that comes with a guaranteed minimum payout when the child turns 18, provided no switches or withdrawals are made. When you invest in a Junior ISA, the money belongs to the child.
You can set up a Junior ISA in minutes and keep track of your investment online, anywhere, anytime, with their desktop My Plans tool and mobile app.
Remember, the value of investments can go down as well as up so your child could get back less than you’ve paid in. If you transfer out or the child makes a withdrawal within the first 5 years a £50 exit fee applies.