Before you start, you will need:
- National Insurance number of the registered contact (parent/guardian)
- Debit card details (for a single payment)
- Bank or building society details (if you’re planning on setting up a regular savings plan)
Start saving for a child’s future by investing in a Stocks and Shares Junior ISA on their behalf.
Important information - please keep in mind that the value of investments can go down as well as up so you may get back less than you invest. The value of tax savings and eligibility to invest in a Junior ISA depend on personal circumstances. All tax rules may change in future. Withdrawals from a Junior ISA will not be possible until the child reaches age 18. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.
We understand you want the best for your child’s financial future and we can help you achieve it. Bringing your child’s Junior ISA to Fidelity is easy. Just tell us who your current provider is and let us do the rest.
With a wide range of investment options, you will have plenty of ways to help your child's money grow.
Trust - We manage more than £106.9 billion for over two and a half million investors*
Experience - We have been looking after investors since 1969
Expert guidance - We have lots of information and online tools to help with your Junior ISA decisions
No service fee - We don’t charge a service fee on investments held in your Junior ISA. Ongoing fund management charges will still apply.
Choice - one of the widest fund ranges in the market, along with shares, investment trusts and exchange-traded funds.
Customer service - We are proud to have a four-star rating on Trustpilot**
*Assets under administration across United Kingdom, Continental Europe and Asia Pacific. Source: Fidelity International 31 December 2020. **Trustpilot four-star rating based on 1,674 reviews as at 8 March 2021.
Transferring your investments over to us gives you access to all the great benefits Fidelity offers, including our online guidance and investment selection tools, on-the-go access and support with investing.
Our transfer process is simple and easy to use, and we don't charge any fees for transferring. Although we suggest checking with your existing provider to understand if you will incur any exit fees. But rest assured, we have got you covered here as well. We will reimburse the exit fees (up to £500 per person) charged by your existing provider when you move your investments over to us - read our exit fees T&Cs
You can transfer a Junior Stocks and Shares ISA (JISA) following these straightforward steps. If you don’t already have a Junior ISA with us, we’ll help you to open one. If you do have one, you’ll need to login.
Once instructed, we’ll contact the provider to arrange the transfer for you. If we offer the same investments, we’ll move them as they are. If we offer the same investments but in a different share class, we'll ask the provider to convert these into our common share class and then transfer them.
Once the transfer is complete, you can choose to keep the same investments or buy new ones. We have thousands of funds and exchange-traded instruments such as shares and investment trusts to help you reach your financial goals.
We have negotiated discounted ongoing charges on hundreds of funds on our platform and we don’t charge a service fee on investments held in junior accounts.
We will reimburse any exit/redemption fees your existing provider may charge, up to £500 per personRead our exit fees T&Cs
Important information - If we have a different share class of the same investment, we’ll work with the current provider to convert them into the share class we offer, and then move them onto our platform. Your child’s investments won’t be out of the market during this time, but the units in the new share class may vary as the prices of different share class of the same fund are usually different.
Please note, once the transfer is complete, we may have an even cheaper share class available - in this case we’ll trigger an automatic conversion once available.
If we don’t have the same share class of the investment - or an alternative share class - available on the platform, we’ll ask your current provider to sell the investments and move the proceeds into the Fidelity Junior ISA as cash to keep the tax benefits. In such a case, your child’s investments will be out of the market until you decide to invest that cash on our platform in different fund options and exchange-traded investments, such as shares and investment trusts. This means your child could miss out on growth and income if the market rises during this time.
You can use the above link to transfer a Junior ISA online, or you can download and complete the form and send it to us by post.
Before making your decision, please read our transfer guide: 'Moving your investments to Fidelity' which explains the options available and gives you the important information you need to know.Read 'Moving your investments' guide
In order to request exit fees re-imbursement you will be required to complete an exit fees re-imbursement form which you can download by clicking here, or request over the phone by calling us on 0333 300 3351.
Terms and conditions for re-imbursement of exit fees
This offer does not apply to any investments linked to an Adviser / Intermediary or third party.
Fidelity will reimburse the exit/redemption fees charged to a customer by their former provider/s when they move their investments (minimum of £1,000) to Fidelity Personal Investing, up to a maximum amount of £500 per customer.
An exit fee is an administration charge which is imposed by the former provider and arises directly as a result of processing the transfer or re-registration of the customer’s investments to Fidelity. Fidelity will not reimburse the customer for any loss of investment returns, loss of interest, dealing charges, penalties for transferring investments before their maturity dates or any other charges associated with your transfer or re-registration.
Where a re-registration or transfer is not possible and the customer chooses to sell their investments held through another provider and subsequently make new investment/s (minimum £10,000) through Fidelity Personal Investing, Fidelity will cover any account closure fees charged by the customer’s former provider (excluding any dealing charges) of up to £500 per customer. Fidelity will not cover any bid-offer spreads or any capital gains tax liability arising as a result of these transactions.
Exit and account closure fees reimbursement must be claimed within a 6 month period from date of transfer of the customer’s investments to Fidelity. Exit fees will be reimbursed for transfers and re-registrations and account closure fees will be reimbursed provided the conditions above are met. Products included: ISAs, Junior ISAs, Investment Accounts, EBS SIPP, Fidelity Personal Pension, Fidelity SIPP, Unit Trusts, OEICs, SICAVs, Exchange Traded Funds, Investment Trusts and Shares.
To qualify for the reimbursement, the fees from the customer’s former provider must have been triggered as a direct result of the transfer or re-registration to Fidelity Personal Investing, or the closure of an account where the customer has subsequently (within 6 months) invested at least £10,000 through Fidelity Personal Investing. If the customer is transferring investments to more than one provider from their former provider at the same time, Fidelity will only reimburse the fees which are incurred as a result of direct transfer or re-registration to Fidelity. Other fees or charges unconnected with the transfer will not be reimbursed.
The completed Exit Fee Reimbursement Form and documentary evidence of the charge will need to be provided in order for the exit fees to be reimbursed to the customer. To claim the reimbursement of any account closure fees, documentary evidence of the closure fee levied will need to be provided to Fidelity, along with confirmation that a minimum of £10,000 has been invested with Fidelity within 6 months of incurring such closure fee.
The documentary evidence referred to above, must be either a copy of the charge confirmation letter from the former provider or a statement showing the charge being deducted.
Payment will be made to the customer by BACS when a bank mandate is held on the account. Alternatively, payment will be made by cheque. If the account is a Junior product, payment will be made to the guardian.