OneFamily and WHSmith
WHSmith are pleased to have partnered with OneFamily to provide a Junior ISA for your child.
OneFamily are an award-winning investment provider with over 45 years’ experience in helping families make the most of their money. As a member-owned organisation there aren’t any shareholders to pay, meaning profits can be reinvested to benefit our members and their families.
Our Junior ISA is designed to help you build a tax-efficient lump sum for the start of their adult life. By investing in a stocks and shares Junior ISA*, your child pays zero tax when they take money out, no matter how much the investment grows** and you can start investing from just £10 a month or with a £100 lump sum.
Don’t let money worries stop your child achieving.
Investing in just £10 a month, from the child’s 5th birthday, could result in a fund of £2,000 by the time they are 18~. Whether they use that money to study, to travel to an apprenticeship or to buy the equipment they need to get started, their Junior ISA could mean they’re able to say “yes” to their dream future.
*Stocks and shares investing has higher potential to grow than accounts that rely on interest rates, but returns aren’t guaranteed. The value of stocks and shares can fall as well as rise and the child could get back less than has been paid in.
** The tax advantages of Junior ISAs depend on you and your child's individual circumstances, and the tax treatment of Junior ISAs may change in the future.
The money paid into the Junior ISA is invested in stocks and shares which gives it higher potential to grow than accounts that grow by building interest. However, returns are not guaranteed and as the value can go up and down, there is a risk that the child could get back less than has been paid in.
~£2,000 at 18 is based on investing £10 a month from the child’s 5th birthday in a fund which sees average investment performance. Investments can fall in value as well as rise.
Small Print
Information correct as at 31st July 2023.
OneFamily is a trading name of Family Assurance Friendly Society Limited (incorporated under the Friendly Societies Act 1992, Reg. No. 939F), of which Family Equity Plan Limited (Co. No. 2208249) is a subsidiary. Financial Services Register numbers 110067 and 122351 respectively. Registered in England and Wales at 16-17 West Street, Brighton, BN1 2RL, United Kingdom. Family Assurance Friendly Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Family Equity Plan Limited is authorised and regulated by the Financial Conduct Authority.
The above details can be checked on the Financial Services Register by visiting the Financial Conduct Authority.