Junior ISA
Invest for their first steps into adult life, and give your little one a big head start. Investing carries risk.
Simple, affordable investing with financial guidance
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Choice of funds - experts making investment decisions
What is a Foresters Junior ISA?
Save for their future
A Junior ISA, also known as a child ISA, is a tax-efficient savings account for adults to save on behalf of a child, so they have a tax-free sum of money for adulthood. You can save for them up to age 18, when it will automatically roll into an Adult ISA. Where they will have the choice to continue investing and/or access the money.
Investing made right for you
With our Junior ISAs you can invest in a choice of funds or our Shariah compliant fund. The investment will be looked after by the experts at Schroders, so you can focus on making lasting memories with your family. There is an annual management charge of 1.5% lowering to 1% after 10 years. With no contribution or transfer fees.
Save up to £9,000 each year
Set up contributions from as little as £10 a month and £20 for single contributions, up to the £9,000 limit each tax year. Family and friends can contribute too – helping to build up your child's savings pot. See how much they could have at age 18 >
Become a Foresters member
When opening a Junior ISA, at 18 your child will become a member, and will have access to a range of exclusive benefits. Such as volunteer grants, member discounts and Scholarships – just to name a few! Discover our member benefits >
Is a Junior ISA right for me?
✓ Want to save for your child
✓ Money can be accessed on their 18th birthday
✓ Looking for low minimum contributions
✓ One simple annual management charge
✓ The child is a UK resident
Junior ISAs
Want to know more about Junior ISAs in general and why they could be the best option to save for your child?
Transfer a Junior ISA
Does your child already have a Junior ISA or Child Trust Fund and want to transfer to a Foresters Junior ISA? Make a transfer online today.
Start saving for your child's future
Choose the Junior ISA
Stakeholder Junior ISA
Whatever they want to be in the future, invest easily in a choice of funds
- The choice of 2 funds - Invest all the money in one fund or split between the two. You can make a fund switch at any time.
- Both funds consider ESG factors, with the sustainable fund having a specific focus on sustainability.
- The funds are actively managed by the professionals at Schroders.
Shariah Junior ISA
Invest in your child's future in a Shariah compliant Junior ISA.
- Our Shariah compliant fund invests in a range of shares from around the world.
- An appointed Shariah Supervisory board and Shariah Adviser to make sure the investment aligns with your beliefs.
- The fund is actively managed by the professionals at Schroders.
Tax treatment depends on individual circumstances and may be subject to change in the future. As with all stock market investments the value of your child’s Junior ISA can fall as well as rise and you may get back less than has been paid in. Gifts cannot be reclaimed and combined amounts cannot exceed the contribution limit of £9,000.
Transfer to Foresters
Already have a Junior ISA, or a Child Trust Fund and want to transfer to Foresters? You can transfer to our Stakeholder Junior ISA or our Shariah Junior ISA.
Manage your savings with MyPlans
View the Junior ISA value, make contributions, view fund performance, documents, and so much more.
Existing customer? Login to MyPlans >
Financial guidance - at no cost to you
Meet with a Financial Adviser to discuss your options at your convenience.
Our Junior ISA FAQs
A parent or legal guardian of a child can open a Junior ISA. A child aged 16 or over can also open their own Junior ISA (as long as they do not have a Child Trust Fund). The person who opens the Junior ISA is a called the Registered Contact, and there can only be one Registered Contact.
A child must be below age 18 to have a Junior ISA.
A child must be below age 18 to have a Junior ISA.
Start saving from as little as £10 a month up to £9,000 this tax year. Family and friends can contribute too.
Make a gift to a child’s Plan
Make a gift to a child’s Plan
We have no hidden charges. Our Junior ISA only has a 1.5% annual management charge reducing to 1% after 10 years, with no other charges.
You can transfer an existing Junior ISA or Child Trust Fund into a Junior ISA with Foresters online or with a Financial Adviser. We don’t charge entry, exit or transfer fees.
No one can access the money in a Junior ISA, besides the child once they reach their 18th birthday. The money is locked away until then and cannot be accessed by parents. Gifts cannot be reclaimed and all contributions combined cannot exceed the annual contribution limit.
Only in certain circumstances may a withdrawal be made, such as child's death or terminal illness.
No, if your child’s currently has a Child Trust Fund and would like to have a Junior ISA instead, you will need to transfer the CTF to a Junior ISA.
Investing in stocks and shares provides better potential for growth than cash in the long-term. In every 10-year time period, over the last 113 years, the probability of stocks and shares outperforming cash was 91% (Barclays Equity Gilt Study 2022).
A Junior ISA can only be opened by someone with legal parental responsibility. However grandparents can contribute to Junior ISAs for grandchildren.
Our Junior ISA is protected by the Financial Services Compensation Scheme (FSCS) which means that in the unlikely event that we cannot meet our obligations you will be able to make a claim for the full value of the Junior ISA from the FSCS.
To make a transfer to another Junior ISA provider, you will need to contact your new provider first so they can start the transfer process. Before submitting the transfer request to your new provider, please ensure your personal details with us are up to date, as the information you provide will need to match with your new provider. You can check the account details and update if necessary online with MyPlans or by contacting Customer Services.
We do not charge for any transfers.
Junior ISAs at age 18
At age 18 the Planholder will have access to the money, their Junior ISA will roll into an Adult ISA. Whether you are looking to find more information for when you are 18, or you are a parent wanting to understand your child’s options, we have a dedicated page to help you.
Junior ISA - Options
The Junior ISA - Options was transferred to Forester Life from The Children's Mutual in January 2017. The Junior ISA - Options is no longer open to new business, however you can continue to contribute to your child's Plan with us and help give them a head start in adult life. For more information, please refer to the Junior ISA - Options Brochure and Terms and Conditions.Junior ISA Calculator
See how much money your child could have at age 18 when you save in a Forester Life Stakeholder or Shariah Junior ISA.
Calculator important information
- The figures give you an idea of what monthly contributions could be worth in years to come assuming an annual management charge of 1.5% (1% after 10 years) and the following:
- For a projected annual investment growth of 2%, we have assumed that your monthly contribution will increase annually by 2.5%.
- For a projected annual investment growth of 5%, we have assumed that your monthly contribution will increase annually by 3%.
- For a projected annual investment growth of 8%, we have assumed that your monthly contribution will increase annually by 5%.
- The figures are only examples and not guaranteed. What your child may get back could be less or more, this is dependent on the funds performance and tax treatment of the investment.
- Inflation could reduce what you could buy in the future.
- Every year you will receive a statement showing the value of the Junior ISA, however you can see this at any time on MyPlans.
- All Junior ISAs have an annual management charge of 1.5% of the value of the funds you accumulate. If your fund is valued at £250 throughout the year, this means that we charge £3.75 that year. If your fund is valued at £500 throughout the year, this means that we charge £7.50 that year. After 10 years these deductions would reduce to £2.50 and £5.00 respectively.
- Charges may vary in the future.
- All payments are locked into the Plan until the child’s 18th birthday and cannot be reclaimed by the donor(s).
- For more information please read the Junior ISA Key Information Document(s) and Important information.
