Who can manage a Junior ISA?
A Junior ISA has one registered contact. They’re the person responsible for managing the account on the child’s behalf.
If you’re the registered contact, you can:
see the balance and how the investments are performing
manage how the money is invested
invite friends and family to contribute
manage the Junior ISA in the Monzo app
There can only be one registered contact at a time. And although they manage the account, the money and investments belong to the child.
Can another parent or guardian see the Junior ISA?
You can add another eligible parent or guardian to the Junior ISA. They can:
see the balance, investments and performance
see contributions
add money
share the gifting link with friends and family
They won’t become the registered contact, so there are some things they can’t do.
They can’t:
change how the money is invested
transfer the Junior ISA to another provider
add or remove another parent or guardian
make other changes that only the registered contact can make
Changing the registered contact
If you need to change the registered contact, get in touch with us.
