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05 Mar 2024

Tag: Junior ISA

Investments

How Should I Save For My Grandchildren? 

With things looking tougher than ever for young people struggling to become financially independent, setting some funds aside for your grandchildren’s future could help make a real difference. When it comes to selecting a method of growing your capital, grandparents are somewhat spoiled for choice….

Banking

Junior ISAs Explained 

Since the Child Trust Fund scheme ended (to new applicants) in January 2011 there has been little to replace it but in November 2011 a new Junior ISA is to be introduced by the government to provide tax free savings vehicles for children. Unlike a standard ISA you can have separate cash and share-based accounts and with a much larger limit on yearly investment that CTFs, Junior ISAs seem like a good deal.

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