Junior Money Maker

A tax-efficient child savings plan with a difference helping their dreams come true from £100 a month

Apply Online

Home » Saving for children » Junior Money Maker

Saving for a child’s future with a mutual society is a wise decision

When you’re investing over the medium to long-term for the future of a child, saving with a mutual society like Shepherds Friendly can offer both you and the child so much more.

Apply Online

Annual Bonus

We have paid an annual bonus to our Junior Money Maker members every year since the plan started in 2013/14.

As we were founded over
190 years ago, in 1826,

we have a wealth of experience
in managing financial products
such as savings plans

Member Focused

View our mission »

Get a Love2Shop voucher
worth up to £50 when you apply

Love 2 Shop View terms and conditions »

Not sure if this is the right plan for you?

Why not try using our 'your savings options' tool, to help you to decide which plan could suit your needs

Choose a plan »

Need more information?

You can use the tabs at the top of this page to find out more about the plan.

If you still have questions about the plan then we’ve put together a useful list of FAQ’s.

Otherwise, please feel free to get in touch with our Customer Service team who will be happy to answer any questions you have or to run through the application with you.

Phone Icon

0800 526 249

Email Icon [email protected]

You can call us any time between 9am - 5pm Monday to Thursday or 9am - 4pm Friday.

Ready to get started?

Before you start your application, please make sure that you have read and understand the following documents:

When you’re happy with your understanding of how the plan works, then you can get started with your application.

Start here

Important things to consider

  • How the investment performs may vary during the term of the Plan. Because of this the child could receive a higher or lower sum than you expect at the end of the plan and may not get back as much as you have paid in.
  • The amount of bonus paid each year is related to the investment performance of Shepherds Friendly’s funds and the total amount of sickness benefit paid out to all customers who have this type of Plan. Therefore the bonus may fluctuate from year to year throughout the term of the Plan.
  • In poor investment conditions we may apply a Market Value Reduction (MVR). This could mean you get back less than you have paid in.
  • If the Plan is stopped and money is taken out at any time before the end of the Plan you will have to pay a surrender penalty.
  • The tax treatment of these Plans could change in the future.

When you take out an investment product with us your capital is at risk and you may get back less than you have put in. All references to taxation are to UK taxation and are based on Shepherds Friendly Society's understanding of current legislation and H M Revenue and Customs practice which may change in the future. Investment growth is by means of bonuses, the amount of which cannot be guaranteed throughout the term of the contract. Please ensure that you read the full terms and conditions of this plan which are available from your financial adviser or by contacting us directly.