Quilter: Junior ISAs 138% more fruitful than premium bonds

Since 2011 launch

clock • 1 min read

If £3,600 was put into a stocks and shares Junior ISA when the product was first made available in 2011 it would currently be worth nearly £10,000 compared to just £4,000 had the money had been invested in premium bonds during the same period, calculations from Quilter have suggested.

The maximum JISA subscription limit in 2011 was £3,600 and if the full amount was put into a stocks and shares JISA and invested in the IA UK All Company index it would be worth £6,918 today and, if invested in the IA Global index, worth £9,580 over the 10 years (assuming charges of 0.5%). The maximum subscription JISA limit now is £9,000. The same amount invested in premium bonds over the same period would be worth £4,025 assuming no large cash prize was won and using the historical prize fund rates, which offered an average return of 1.25%. Had the money been put in a cash JISA with...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Pension withdrawals surge 36% as FCA reports record £70.9bn accessed in 2024/25

Pension withdrawals surge 36% as FCA reports record £70.9bn accessed in 2024/25

Nearly a million pension plans were accessed for the first time during the year

Sahar Nazir
clock 16 September 2025 • 1 min read
Fintel simplifies model into two divisions as it stresses cultural fit in acquisitions

Fintel simplifies model into two divisions as it stresses cultural fit in acquisitions

The group moves from three divisions to two

Sahar Nazir
clock 16 September 2025 • 2 min read
PA Awards 2026: Get your entries in by Friday!

PA Awards 2026: Get your entries in by Friday!

Celebrating the best in financial planning and advice

Professional Adviser
clock 16 September 2025 • 1 min read