GoHenry is offering a Junior Stocks and Shares ISA for parents to set up for their 6-15 year old children.
In Brief:
The account can be opened with as little as £1, and monthly contributions can be automated.
Family members are also able to contribute to the ISA using “giftlinks”.
The ISA is powered by Seccl, a custodian and platform technology provider owned by Octopus.
What does this mean?
GoHenry Junior ISA investments are managed by Vanguard. Seccl enables funds to be transferred more easily from existing ISAs and other accounts, helping them manage their children’s finances all in one place.