Time To Switch Junior Cash ISA to Junior Stock ISA

Junior Cash ISA to Junior Stock ISA Switch Time

This week one of our videos will cover the impact of low interest rates and the possibility of the Bank of England reducing interest rates to between 0% and 0.1% per annum, meaning that many banks may move to negative interest rates.

Those same investment returns, even for our children's tax-free savings, will be virtually worthless.

Is it time to review your children's Junior ISA?

Junior ISA are allowed to invest not just in cash/bank accounts but also a full range of stocks and shares as well as collective investment funds.  We suggest you review existing child savings and contact us to review the same with a view to transferring to a junior stocks and shares ISA.