What are JISAs?
Junior Individual Savings Accounts (JISAs) are tax efficient savings schemes in two separate components, Stocks and Shares (SAS) and Cash Account. We offer a Stocks and Shares JISA that also allows you to hold cash as part of your investment strategy. Investments in a JISA are free of capital gains tax.
Who is eligible to open a Stocks and Shares JISA?
Anyone under the age of 18 who does not have a Child Trust Fund (CTF) and are resident in the UK for tax, or are Crown employees and spouse serving overseas.
Junior ISA key features include:
- low administration fee
- minimum commission only £10
- optional Dividend Re-Investment Plan “DRIP”
- statements and valuations on-line
- free transfers from other managers*
- execution only plans with maximum flexibility
- managed option also available
- quarterly ISA & PEPTalk with investment guidance
*ask us about a contribution towards your current managers exit fees
Execution Only JISA or Managed JISA
You can open an Execution Only JISA, were you make the investment decisions or you can opt for the Managed JISA, were we make the investment decisions for you. For further information visit the Managed JISA questions and answers page.
Where can I find out the answers to my other ISA questions?
Your most popular JISA questions are answered on our JISA Questions & Answers page.
If you would like more information about transferring to Pilling & Co, or opening a JISA visit the links and downloads below or call us on 0161 819 4850 between 8.00am and 5.15pm on any business day when there is always somebody here to help you.