Options to save towards your grandchild's future
1.5 million customers choose to save for their child's future with us, in our Junior ISAs or Child Trust Funds (CTFs). All money added into our children’s savings Plans is locked away until the child’s 18th birthday, treating the money as a special gift for your grandchild.
A Junior ISA can only be opened by someone with parental responsibility (the Registered Contact). Although Child Trust Funds can no longer be opened, existing accounts can be transferred to Forester Life. However, this needs to be done by the person who is managing the Plan. If you have legal parental responsibility for your grandchild you are eligible to become the Registered Contact, and can open a Plan on their behalf.
The good news is that anyone can contribute to a Junior ISA or Child Trust Fund up to £9,000 each contribution year, meaning you can start saving for your grandchild's future.