If you’re the parent or guardian of a child, you can set up a junior cash and/or stocks and shares ISA for them. Anyone can then pay into it. You’ll manage the account until they’re at least 16, when they can take control of it. They can start withdrawing the money once they turn 18.
A junior ISA could be right for you and your child if:
you and others close to them want to save or invest for their future
you’d like to help them learn about savings and investments