Junior ISAA Junior ISA (JISA or child ISA) is a tax-free Individual Savings Account set up by a parent or guardian for children below 18.
A parent or guardian will contribute to the account either in a lump sum or on a monthly basis. Only the child can access the money, and only after they turn 18.
A parent or guardian can open a Nutmeg Junior ISA if the child is under 16, but the earlier the better. The full 18 years means they can benefit hugely. What can be a small cost to you can be a large benefit to your child.
It's easy to open a Junior ISA with Nutmeg and you can start with as little as £100. There are no exit fees and you're free to make adjustments to your risk level and investment style.
There are three investment styles to choose from: socially responsible, fully managed and fixed allocation. All three are built by experts and globally diversified.
Nutmeg are authorised and regulated by the Financial Conduct Authority and covered by the FInancial Services Compensation Scheme.
With investment, your capital is at risk. Junior ISA rules apply.