JUNIOR ISA's

Bossworld

Bossworld said:

Went back into branch and it's just ping-ponged between NS&I and Halifax.  Looks like it's down to NS&I to re-request the transfer.

Just hoping that it'll be easier to shift it elsewhere in the future.

Glad I posted, so that makes it a further two weeks without any progress.  Unless you count NS & I returning one of the monthly standing order amounts (no idea which child it relates to from the reference).

Covid or not, this is an excruciating process I wish I'd never started.

Elmo1987

Hello I could really do with some help... I'm about to have my 3rd child... 2 are 8 already... I would really like to knuckle down and save for their futures, so when they are all 18 they all have a lump sum of cash to help them start... There is so many different ISA and saving and rates etc... I don't know where to start... And heard of the savings ladder too...  All I know is I can put back 100 away each month maybe more, and would like to know how I can maximise this over the next 10 - 18 years

if anyone has an insight I would be very appreciative thankyou 

Bossworld

Updating my post, NS&I have 'attempted' to call me three times - each time hanging up after one ring, or this afternoon, when I managed to hit answer, they didn't connect the call.
Seemingly, 3+ months transfer time is 'normal'.
Still waiting on someone to actually address my complaint but when this gets resolved I'll be moving elsewhere.

xylophone

if anyone has an insight I would be very appreciative thankyou 

How about opening an ISA for yourself with Vanguard and investing your £100 a month into one of the Life strategy funds?

https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-isa

https://monevator.com/using-vanguard-lifestrategy-funds-life/

Do your children have JISAs?

If they receive cash for birthdays etc, they could build up a lump sum for use at age 18.

At the moment, Coventry BS offers the best rate for cash.

https://moneyfacts.co.uk/isa/junior-isas/