Around 500 children had at least £100,000 in Junior Isa savings by 2021

Around 40 children had Junior Isa pots worth £200,000 or more, according to HM Revenue and Customs figures obtained by St James’s Place.

Around 40 children had Junior Isa pots worth £200,000 or more at the end of the 2020/21 tax year, according to HM Revenue and Customs (HMRC) figures (PA) (PA Archive)

Around 40 children had Junior Isa pots worth £200,000 or more at the end of the 2020/21 tax year, according to HM Revenue and Customs (HMRC) figures.

And around 500 had savings pots worth £100,000 or above, the figures indicate.

The rounded figures were released after a freedom of information request made on behalf of wealth managers St James’s Place.