investments

How to make the most of a Junior ISA nest egg

As of 6 April, the amount you can put into a Junior ISA (JISA) per annum has increased to £9,000 – quite a jump from the previous allowance of £4,368. The tax saving this provides makes it an effective way of building up a nest egg for your children if you want to help with a gap year, university fees, or to enable them to get a foot on the property ladder. Which type of JISA? You can choose to put the money into either a cash JISA or a stocks and shares one. Even in these low-interest rate days, Read More