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Investment account for new baby
mundungus
Posts: 5 Forumite
I was looking for a longterm investment account, probably putting a couple of hundred pounds into begin with and then saving say £30 a month. Is it worth waiting for the new childrens isa to come out? or is something like the post office's child trust fund account any good? (i see its run by Family Investments and it has 1.5% charges) is it still possible to open one of these though now that the government has scrapped the child trust fund voucher?
Just spotted that its not possible to open the PO's child trust fund anymore, but that Family Investments also do a 'childrens unit trust' which looks like it might be suitable, any thoughts on this?
Thanks
Just spotted that its not possible to open the PO's child trust fund anymore, but that Family Investments also do a 'childrens unit trust' which looks like it might be suitable, any thoughts on this?
Thanks
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