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2016/17 JUNIOR ISA APPLICATION Please use this form to apply for a Junior ISA (LISA) through Saga Investments Online. This application is subject to the Terms of Business, which you should read carefully
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How to fill out junior isa application

How to fill out junior ISA application:
01
Gather the necessary documents: Before starting the application process, you will need certain documents such as your child's birth certificate, your identification documents, and sometimes proof of parental responsibility or custody.
02
Research different providers: Look into various financial institutions or banks that offer junior ISAs and compare their offerings, fees, and investment options. This will help you choose the most suitable provider for your child's future.
03
Start the application online or in person: Most junior ISA providers offer an online application process for convenience. Alternatively, you can visit a local branch and fill out the application form there. Provide the required personal and financial information accurately.
04
Select the type of junior ISA: There are two types of junior ISAs – cash junior ISAs and stocks and shares junior ISAs. Consider your risk appetite and financial goals when choosing the type that best suits your child's needs.
05
Choose your investments: If opting for a stocks and shares junior ISA, you will have the opportunity to select investments. Research different investment options and consider seeking financial advice to make informed decisions.
06
Nominate a registered contact: As the parent or guardian, you will need to nominate a registered contact who will be responsible for managing the junior ISA until the child turns 16. This person can manage the funds on behalf of the child but cannot access the money themselves.
07
Review and submit the application: Take the time to review all the entered information before submitting the application. Ensure everything is accurate and complete. Any mistakes or omissions may delay the application process.
Who needs junior ISA application:
01
Parents or legal guardians: Junior ISAs are typically opened by parents or legal guardians on behalf of their child. They provide a tax-efficient way to save money for a child's future, whether it is for education, a house deposit, or any other important financial goal.
02
Children under the age of 18: Junior ISAs are designed to benefit children. Any child who is a resident in the UK and under the age of 18 can have a junior ISA. It is a long-term savings and investment account meant to grow over time until the child reaches adulthood.
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What is junior isa application?
Junior ISA application is a form that allows parents or legal guardians to open a tax-free savings account for their child.
Who is required to file junior isa application?
Parents or legal guardians are required to file a Junior ISA application on behalf of their child.
How to fill out junior isa application?
To fill out a Junior ISA application, parents or legal guardians need to provide personal details, the child's details, and decide on investment options.
What is the purpose of junior isa application?
The purpose of a Junior ISA application is to provide a tax-free savings account for children until they reach adulthood.
What information must be reported on junior isa application?
The Junior ISA application must include personal details, child's details, and investment decisions.
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