Junior individual saving accounts for looked-after children
Statutory guidance on Junior ISAs for children and young people who have been in local authority care for 12 months or more.
Applies to England
Documents
Details
This is statutory guidance for local authorities, including:
- children’s services social workers
- personal advisers
- frontline managers who have particular responsibilities relating to care leavers and looked-after children
- lead members
- directors of children’s services
- managers of services for care leavers and looked-after children
- commissioners of services for care leavers and looked-after children
- independent reviewing officers
Children who have been in local authority care for 12 months or more and who are not eligible for a Child Trust Fund are entitled to a £200 payment from the government into a Junior ISA.
Last updated 17 April 2023 + show all updates
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Updated to reflect that The Share Foundation has been contracted to administer the Junior ISA scheme until 31 March 2025.
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Changed the guidance review date in 'Overview' and updated the end-of-contract date for The Share Foundation's administration of the Junior ISA scheme.
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Added further information about the Stepladder programme, previously known as PFEG, and local authorities' responsibilities related to the existence of child trust funds.
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Updated as The Share Foundation are now managing Child Trust Funds alongside their current responsibility for managing the Junior ISA scheme.
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Updated document to reflect that the Share Foundation is administering the Junior ISA scheme until the end of March 2019.
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First published.