Junior ISA provider?

[Petitefelois]

Bit confused about selecting a Junior ISA provider. Does it matter which one you select? I might like to select my own investments for my child, and I've heard of Fidelity before and see their launching their own www.investoo.co.uk/fidelity-junior-isa-detailed/ - does anyone have any other ideas?

[CogitoErgoSometimes]

If you wanted to make comparisons, I've had good experiences with Family Investments in the past. They haven't launched a Junior ISA yet but they have quite a lot of information about them on their website

[WildNewman]

Try Legal & General - they're due to launch one soon.

[HonestlyBanking]

It seems that there could be quite high charges on these - similar to CTF's. c1.5%. Plus the inherent cost of the underlying funds will erode the returns. Read the small print carefully!

[spewgloriousspew]

I've just been googling this as I want to get one for my son. Found Money Saving Expert article that might be of interest.

[yeahyeahitsallmyfault]

Fidelity sell the 'platform' and not the product. So really it's a case of do they provide the features for access and control, fund choice, base cost that you are looking for? Fidelity are good in the 'normal' ISA market so I would imagine (not having investigated this in detail, so don't take that as read) that they will allow access to a good range of funds that you then put the money into, i.e Newton, Invesco Perpetual and their own.
One thing to be aware of is that children control a Junior ISA from 16... if you don't use your own ISA allowance there is nothing to stop you using this and gifting the money when you feel appropriate (possibly beyond 18). The Junior ISA wrapper exists in order that the income tax applied to savings held by parents in their children?s name is tax free and not limited to £100 as it is with ordinary savings/investments. Really it's tax planning, not a product in its own right.