Our Junior Stocks and Shares ISA has the same wide investment choice as the other Scottish Widows Platform Accounts – including discretionary portfolios. It is available for children up to the age of 18. An adult with parental responsibility is the Registered Contact and controls the Account until the child reaches 18, when the Account is automatically converted to an ISA and the child takes control. You can apply for the Accounts below through the Scottish Widows Platform.


  • Tax efficient gifting between generations (normal inheritance tax rules apply, including if the donor dies within 7 years, the gift will be within their estate). Use available annual gifting allowance (£3,000) for each payer (free of any future IHT)
  • Any returns generated within a Junior ISA are free of income or capital gains tax and don’t count towards the child’s tax allowance
  • Given the long-term nature of the investment (up to 18 years), the Junior Stocks and Shares ISA offers the ability to accrue an amount of savings for a family member or loved one.


A registered contact can open an Account for a child. The child must:

  • be aged 17 or under, and:
  • have been resident in the UK for tax purposes for the last six months
  • not already hold a Junior Stocks and shares ISA or Child Trust Fund, and if they do, intend to transfer its value to the Junior Stocks and Shares ISA
  • have not exceeded the overall Junior ISA limit taking into account any payments made to a Junior Cash ISA.
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The Account charge is a percentage charge based on the value of the assets under administration in the client’s Account.

For more information on our charges, take a look at our Easy to understand charges – at a glance.

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As with all investments, there is some risk involved.

  • The value of the Account can go down and the child may get back less than invested
  • The level of risk and potential investment performance depends on the assets invested in
  • If you are transferring from a cash ISA, your client should be aware of the increased risks associated with a Junior Stocks and Shares ISA
  • Changes to tax law may affect the tax benefits of the account
  • Charges may increase in future.


Keep your clients’ Account in check and up to date.

Taking money out of an Account

Rules for Junior ISA’s do not allow withdrawals from the Account.

Transferring the Account when the child reaches 18

The Junior Stocks and Shares ISA will convert to a Stocks and Shares ISA when the child reaches 18. The child will then be able to access the Account as per the terms of a standard stocks and shares ISA, including regular and one-off penalty-free withdrawals.

Closing an Account

If your client cancels the Junior Stocks and Shares ISA within 30 days it will be treated as not taken out and they will still be able to take out another Junior Stocks and Shares ISA in the same tax year with us or a different ISA manager. Any refund of payments will be returned to the registered contact.

You can contact us by post at Scottish Widows Platform, PO Box 24065, 1 Tanfield, ​Edinburgh, EH3 1EY, or by email at service@scottishwidowsplatform.co.uk.

After the cancellation period ends, all contributions are treated as gifts and cannot be returned.


Your clients have access to a range of investment options, including:

Five coloured circles with text inside. 1: Mutual Funds. 2: Investment Advisers (DFMs). 3: Through our Horizon Funds. 4: Model Portfolios. 5: Cash.
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Flexibility to provide for the most simple or sophisticated requirements, including both the Pension Commencement Lump Sum (PCLS) and Uncrystallised Funds Pension Lump Sum (UFPLS).


Our Flexible Stocks and Shares ISA has access to a wide range of assets, and allows contributions to be replaced if they are withdrawn with in the same tax year.


Access to a wide range of assets, giving savings the potential for capital growth and income, as well as providing a flexible means of investing and accessing money.


Giving your clients’ children a head start – a parent/guardian will be required to be added to the Account as the registered contact, with the child as the Account holder.


Tax efficient gifting between generations on the Junior Stocks and Shares ISA; available for children up to the age of 18.


These allow clients to retain the product features of their existing pension or offshore bond whilst being able to access additional investment opportunities through the Scottish Widows Platform.