Individual Savings Accounts: Children — Written Question

Question

Mr Gregory Campbell

Democratic Unionist Party — East Londonderry

To ask the Chancellor of the Exchequer, pursuant to the Answer of 13 February 2025 to Question 30044 on Individual Savings Accounts: Children, if she will change the rules on eligibility for ISAs to permit grandparents to take out ISAs for grandchildren w

Answer

Emma Reynolds

To ensure that the ISA regime remains simple and sustainable, placing a restriction on who can open and manage a Junior Individual Savings Account (JISA) prevents more than one JISA of each type (cash or stocks and shares) being opened in error and ensure...

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