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Transferring Child Trust Funds to Junior ISAs

Transferring Child Trust Funds to Junior ISAs

key-stages-imgThe long-awaited facility to transfer Child’s Trust Funds to Junior ISAs arrives next week.

From 6 April 2015 it will be possible for parents to transfer their children’s Child Trust Fund (CTF) account into a Junior ISA (JISA).

While the subscription limits remain unchanged and are the same amount for both of the products, the ability to transfer an existing CTF to a JISA will provide a wider investment choice, possible higher interest rates on cash accounts and, in some cases, lower fund management charges.

It also means that the JISA will automatically turn into an adult ISA when the child attains age 18.


This comes as good news and it appears that a number of providers have already contacted parents to notify them that they will soon be able to take advantage of this change.

The value of investments can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.  

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