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The parent or legal guardian only, or the child if they are over 16.
Any child who doesn't have a CTF and doesn't already have a stocks and shares JISA.
£250 for lump sums or £50 per month or quarter.
No, Jump products are only available to UK residents.
Up until the age of 16 the registered contact (usually the parent or legal guardian), at the age of 16 the child can if they wish take responsibility for managing the account.
Yes, subject to our minimum of a lump sum amount of £100 (by cheque) or monthly/quarterly contribution of £50 (by direct debit) and provided you do not exceed the maximum contribution limit of £3,600 per annum for the 2012/13 tax year and £3,720 per annum for the 2013/14 tax year.
Anyone. They can add lump sum investments or set up a Direct Debit.
£3,600 for the 2012/13 tax year and £3,720 for the 2013/14 tax year.
We charge a fixed annual management fee of £30 +VAT per annum. There are no other dealing charges apart from the 0.5% government stamp duty which is charged on the purchase of all equity products.
Free of capital gains tax and no further income tax is payable on dividend income. See our Tax Centre for more information Link to tax centre.
Please note that tax assumptions may change if the law changes, and the value of tax relief (if any) will depend upon your individual circumstances. Investors should consult their own tax advisers in order to understand any applicable tax consequences. The above section is based on Witan Investment Services Limited's understanding of Revenue law and practice as at April 2013.
Not until the child is 18 under normal circumstances, please see our Terms & Conditions for more information.
Yes you can transfer an existing Jump Junior ISA to Jump from your current plan manager to Jump, or you can transfer out of Jump to a new plan manager. There is no charge to transfer.
For Jump Junior ISA and Jump Child Trust Fund, not at the moment. However the Government announced that this will be available in the future.
The child can take responsibility for the management of their JISA account.
The child is entitled to access the funds. They can choose either to sell or to roll over into an adult ISA.
They are automatically reinvested to buy more shares.