Providers rush JISA market as rules confirmed

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Providers have rushed to enter the Junior ISA market after the government confirmed the regulations governing the product.

JISAs will replace the defunct Child Trust Funds (CTF) from 1 November. The main rules have now been confirmed, with the Treasury raising the limit from £3,000 to £3,600. The following providers have all confirmed they will offer Junior ISAs from 1 November: Fidelity says advisers will be able to offer clients JISAs through FundsNetwork, giving them access to over 1,200 funds from more than 70 providers. Family Investments will offer its investment-based JISA from 1 November, with monthly premiums from £10. An ethical version will also be available. JP Morgan Asset Management wi...

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