The financial world in which children are growing up is a very different and difficult one. The challenges they face in adulthood are real - university debt, first-time house buyer deposit and so on. Of course, money isn't everything, but it can help to give the children in our lives a head start. It can ensure they have a good education, open up opportunities and help them get established when they grow up. Starting to save money now might be the difference between whether or not they can afford to do what they would like when the time comes. It's one way that you can give them the best start in life.

The St. James's Place Junior ISA (JISA) is a tax-efficient savings vehicle aimed to provide parents, grandparents, friends and relatives with the opportunity and encouragement to build a capital sum for the benefit of their loved ones. The annual JISA allowance is £3,600 and will rise each year in line with inflation from April 2013. Of course, the favourable tax treatment of JISAs is subject to changes in legislation in the future.

If you are considering investing in a Junior ISA and would like more information, please email Caroline.Elder@cbsastorbuller.com or telephone 028 9066 8778