Child ISA

From the best Junior ISA Provider for the last 5 years.

My Select (Junior ISA) has the saving super power potential that could help your child when they start out in adult life.

Capital at risk.


Winner of Best Junior ISA Provider 2023 for the 5th year running at the Investment Life and Pensions Moneyfacts Awards.


A choice of 9 funds, including a Unitised  With-Profits fund that comes with a guaranteed minimum payout when the child turns 18, provided no switches or withdrawals are made.

growth pot

Once set up by a parent or guardian, invite contributions from grandparents, friends and family.

Keep in mind that stock market investments can go down as well as up, so your child could get back less than you've paid in. Except when invested in our Unitised With-Profits fund when they reach 18 and on the 10th and 15th year anniversaries from the investment start date.

Tax treatment depends on individual circumstances and tax rules could change in the future. If within the first 5 years of setting up the policy the registered contact transfers the policy to another Junior ISA manager, there will be a charge of £50 deducted from the withdrawal value.

9 investment fund choices

Get your child a My Select (Junior ISA) and:

  • We'll put their money into a My Select investment policy within a Scottish Friendly Junior ISA.

  • The policy then invests in the fund(s) you choose for your child. Take your pick from 9 funds with different levels of risk and reward to create your very own investment strategy for your child.

The fund information together with the Key Information Documents (KIDs) give you an overview of each fund, including any charge and should be read alongside the Product Guide.

isa guide

Discover what your child might get back

You can invest alongside a cash Junior ISA up to their current annual limit of £9,000 for a child under 18. As the money you invest belongs to the child, they will be able to access it without paying any tax on any money they withdraw when they turn 18.

See how their money could grow within a My Select (Junior ISA) using our handy tool to provide examples.

Please select a fund

More Scottish Friendly benefits

Scottish Friendly offers a range of benefits designed to offer you potential value. Explore the perks and our prize draw below.


£50 on us

After you start investing in a My Select (Junior ISA) we'll pay £50 into the Junior ISA for your child. Read the full terms and conditions of the welcome gift payment.

my benefits

My Benefits Card

As a customer of Scottish Friendly when you register for My Plans and choose to go paperless, we’ll reward you with the My Benefits card which gives you access to fantastic savings and offers from thousands of leading retailers.

prize draw

My Prize Draw

When you open a new ISA or Junior ISA or add a new policy to an existing ISA or Junior ISA with us, you’ll automatically be entered into our prize draw for a chance to be one of three lucky winners to win back the total amount you’ve invested this tax year, up to £20,000. Exclusions, terms, and conditions apply.

Important info before you get started

It takes around ten minutes to apply. You’ll just need your bank details and your National Insurance number to hand.

Please make sure you’ve read the Product Guide and Key Information Documents for the fund(s) you wish to select.

New customers

Apply Now

Scottish Friendly doesn’t provide advice. The information provided should help you decide if the plan is suitable for you. If you’re not sure whether this plan is suitable, you should contact a financial adviser. Advisers may charge for providing such advice and should confirm any cost beforehand.

To apply for this Junior ISA, your child must be under 18, not have qualified for a Child Trust Fund, and be a UK resident. You can subscribe to only one Stocks & Shares Junior ISA each tax year for your child. For the current tax year, the overall maximum you can save in both their Junior ISA types is £9,000. Once invested, the money belongs to the child and can only be accessed by them once they turn 18. Whilst your investment may be locked away on your child’s behalf for up to 18 years (depending on the age of your child when you set up their Scottish Friendly Junior ISA) you should be thinking of investing over at least five years. Their investment will grow free from tax, except for any tax we pay on their behalf (such as on dividends from UK shares). Tax treatment will depend on individual circumstances and may be subject to change in the future. Stock market investments can go down as well as up and your child may get back less than you’ve paid in.

Why invest with Scottish Friendly?

  • We've been helping families for over 160 years

  • Our contact centre is based in the UK

  • With no shareholders we work hard for you

  • Trusted by over 814,000 investors and looking after assets worth over £4.5 billion, as of 26th April 2023

sf tree


Below you’ll find answers to some questions about this investment option.

My Plans app

Take control of your Scottish Friendly ISA and Junior ISA investments wherever you are with the My Plans App. It offers a secure and easy way to manage your accounts, check your investments, and make changes on the go.

On your mobile or tablet, open the camera and point your device at the QR code. A link will pop up, tap this, and you’ll be taken straight to download the app.