
Quilter: junior ISA are 138% more fruitful than premium bonds
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...
To continue reading this article...
Join Professional Adviser
- 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.