What is a Junior Isa?

Parents looking to save for their children's future need more information on their options, according to new research.

Less than 32% of families with an income less than £28,000 had heard of Junior Isas, and 65% of all families wanted more detailed information on them.

The Junior Isa was launched in 2011 as a replacement for the Child Trust Fund.

Your Money's Philip Hampsheir explains more.