Junior ISA Transfer | Shepherds Friendly

Transferring your Junior ISA or Child Trust Fund into a Shepherds Friendly Junior ISA

You can transfer an existing Child Trust Fund or Junior ISA into a Shepherds Friendly Junior ISA. Your child can also have a cash Junior ISA with another provider but the combined total of payments in any one tax year into both Junior ISAs must not exceed the government’s annual limit. The annual limit in the 2021/2022 tax year is £9,000

Why should I transfer to a Shepherds Friendly Society Junior ISA?

It’s likely that your child could be given money throughout their childhood from grandparents or other family members on Birthday’s or other special occasions, so our Junior ISA accepts contributions from anyone who wishes to deposit money into the account. This increases the saving potential of the Junior ISA and helps your child towards their annual tax-efficient allowance.
When you save into our Junior ISA your money will fall under the ‘tax umbrella’. This means that all of the growth your child’s money receives will be free from income tax and capital gains tax. When your child withdraws the money upon maturity of the plan it will be completely tax-free, helping their savings to go further.
Our Junior ISA is potentially less risky than some other stocks and shares Junior ISA investments. You should remember though that, as with any investment, your capital is at risk.
At Shepherds Friendly we aim to provide simple, value for money financial solutions, with the goal of getting the best returns possible on your child’s investment. We are not listed on the stock market nor are we owned externally. This means that we do not have to pay any of our profits to shareholders; instead they are used to add value to your investment and to maintain the high standards of products and services that we offer to our members.
You can stop, start, raise and lower your premiums as and when you wish, and you can add lump sums into the savings plan, too. You can open a Shepherds Friendly Junior ISA from a commitment of only £10 a month or a lump sum of £100 and you can save all the way up to the annual Junior ISA limit.

How do I transfer to Shepherds Friendly?

Simply follow the steps below to transfer your child’s existing Junior ISA or Child Trust Fund to a Shepherds Friendly Junior ISA:

Make sure you have your child’s national insurance number if they are aged 16 or over (if they don’t have one leave it blank) and the bank account number and sort code of the account you wish to make payment into the Junior ISA from.
Go to the box at the bottom of this page, download and read the Junior ISA ‘Key Information Document’ and the ‘Important Information Guide’ documents. Tick the box to confirm you have read the documents.
Download the Child Trust Fund or Junior ISA transfer form located in the box at the bottom of this page.
Fill in the form you have downloaded.
Once completed simply return it to the address shown below:
Shepherds Friendly Society Limited, Haw Bank House,
High Street, Cheadle, Cheshire, SK8 1AL.

Ready to get started?

Junior ISA transfer form

CTF transfer form

Need more information?

If you still have questions about the plan then we’ve put together a useful list of FAQ’s.

Otherwise, please feel free to get in touch with our Customer Service team who will be happy to answer any questions you have or to run through the application with you.

Call us

0800 526 249

Send us an email

[email protected]

You can call us any time between 9am – 5pm Monday to Thursday or 9am – 4pm Friday.

Important things to consider

Bonus rates vary from year to year depending on the performance of our investments and in some years we may not pay out any at all.
HM Revenue and Customs may change the tax status of a Junior ISA in the future.
Inflation and making regular withdrawals may affect the purchasing value of your investment in the future.
In poor investment conditions we may apply a Market Value Reduction (MVR) (please see the Junior ISA Key Information Document).

When you take out an investment product with us your capital is at risk and you may get back less than you have put in. All references to taxation are to UK taxation and are based on Shepherds Friendly Society’s understanding of current legislation and H M Revenue and Customs practice which may change in the future. Investment growth is by means of bonuses, the amount of which cannot be guaranteed throughout the term of the contract. Please ensure that you read the full terms and conditions of this plan which are available from your financial adviser or by contacting us directly.

No advice has been given by Shepherds Friendly, and if you are in any doubt as to whether a savings plan is suited to your needs, then you should contact a financial adviser. There may be a charge for financial advice, and the cost should be confirmed to you before any advice is given.

Transfer to our Junior ISA