Christmas is getting ever nearer and if you want to give your children or grandchildren something different this year you could think about a financial gift.
One of our ethical savings and investment plans could be a perfect way to give them a financial start in life.
Our Junior ISA is proving to be very popular. It’s a long term, tax free way of investing for children under 18 in a mix of stocks and shares, fixed interest bonds, commercial property and cash deposits.
The Junior ISA is very flexible and suitable for regular, infrequent or lump sum savings but if you want a more disciplined way of saving then our Tax Exempt Savings Plan could be just what you need.
You decide at the outset how much you want to save, between £10 and £25 a month and for how long. Anyone can invest in a TESP but we find that it is particularly attractive for regular savings that mature at an important time in a child’s life.
If you wanted to gift a one-off amount, our Investment Bond could be a useful alternative as there is no fixed maturity date or age restrictions. It is designed for medium to long term savings and can be opened for as little as £500 or as much as £250,000 by anyone.
Investing for your child