Non Personal Savings

Dreaming3

I am treasurer for a very small trust set up for a disabled boy. I am having difficulty researching non personal savings accounts. Anyone got any bright ideas either for finding out good rates or for where to invest £10k.

opinions4u

Scottish Widows Bank.

kidmugsy

I've signed up for a regulat e-mail from
[EMAIL="trusts_discussion_forum@lm.lyris.co.uk"]trusts_discussion_forum@lm.lyris.co.uk[/EMAIL]

From time to time they've discussed your problem - of getting decent interest on modest sums in trust. Even these expert lawyers find it difficult.

oramgepekoe

Some of the accounts at Skipton building society are available to trusts.

kidmugsy

You can hold Index-Linked Savings Certificates in trusts. Of course, no-one yet knows how good the T&Cs of the promised new issues will be. The old ones made perfect trust holdings - no income tax, no Capital Gains Tax, high security, and returns beating inflation.