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Investing for a new grandchild
Chico_3
Posts: 3 Newbie
Has anyone got advise on the best way to invest say £1000 for a new grandchild. [He lives in Ireland, we are in UK]
0
Comments
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unit trust, life bond, investment trust are three investments to consider. Each have massive availability of funds so you are running into many options there. The tax wrapper with each one has pros and cons. Life bond can be placed in trust to the grandchild, whereas the unit trust cant (for example).I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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