Individual Savings Accounts: Children
2026-06-08 · Treasury · HL746 · Official question
Question
To ask His Majesty's Government what plans they have to allow grandparents to open Junior ISAs on behalf of their grandchildren.
Answer
Individual Savings Accounts (ISA) rules are clear that only someone with parental responsibility for the child may open and manage a Junior ISA (JISA). This helps prevent more than one JISA of each type (cash or stocks and shares) being opened in error an...