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SCOTTISH FRIENDLY MY SELECT JUNIOR ISA REVIEW
Scottish Friendly My Select Junior ISA - ISA
(Which Way To Pay - 3/9/2015)
The Scottish Friendly My Select Junior ISA gives you the opportunity to build up a tax-free lump sum for your children.

It is a good idea to take advantage of the tax savings you will be able to make when you invest in a junior ISA. Although it can be financially tough when you start a family, the Scottish Friendly My Select Junior ISA allows you to invest from as little as £10 a month or just a one off payment of £50. Then you have the flexibility to invest as much or as little as you like depending on your circumstances at that time. By putting your money in a My Select (Junior ISA) you are sheltering your child’s investment from the taxman.

The amount of money you can deposit in a tax year is slightly different to a Cash ISA or Investment ISA – the maximum annual limit if £4,080. And remember if you are saving in a Cash Junior ISA with another Junior ISA manager too, this limit will be reduced.

As will all Investment ISAs, the value of your investment can go up as well as down and there is a risk that you will get back less than your initial invested.

Scottish Friendly My Select Junior ISA is ranked 4 out of 5. Based on 1 review.

4 Star Rating        
            
REVIEW RATINGS EXPLAINED
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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Scottish Friendly My Select Junior ISA
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Scottish Friendly My Select Junior ISA