Can you lose your money paid into a Stocks and Shares ISA?

You will need to submit a transfer instruction to Interactive Brokers (via the transfer & pay funding page in Client Portal), and if, in IBUKL’s discretion IBUKL decides to accept the transfer, IBUKL will instruct your existing ISA manager to transfer the investments (where IBUKL supports such investments) and/or cash into your child’s IBUKL Junior Stocks and Shares ISA. Where IBUKL does not support all the investments held at your existing ISA Manager, you can either liquidate these investments yourself prior to submitting your transfer instruction to IBUKL via Client Portal (any cash proceeds of such liquidation will be transferred into your child’s IBUKL Junior Stocks and Shares ISA) or you can instruct IBUKL (as part of your transfer instruction via Client Portal) to do so on your behalf…

Examples of non-qualifying investments include warrants or delisted securities. On occasion a corporate action (on a qualifying investment) may result in your IBUKL ISA account holding a non-qualifying investment.

Additional Information…

No, you do not pay tax on income or capital gains from investments in an ISA Stocks and Shares account. If you complete a tax return, you do not need to declare any ISA interest, income or capital gains on it.

Additional Information…

The value of investments your child holds in the IBUKL Junior Stocks and Shares ISA and the income received from them can fall as well as rise. As a result, you may get back less than you invested in for your child. Past performance is not an indication of future performance, and some investments need to be held for the long term to achieve a return. The IBUKL Junior Stocks and Shares ISA is an execution only service, Interactive Brokers does not provide investment advice. If you need advice about whether an investment is suitable, you need to consult a suitably qualified financial advisor…