Building a long- term investment strategy for children

National Savings & Investments

The Children's Bonus Bond offers a good interest rate - 4% tax free - but for an 18-year investment equities with some exposure to other assets are probably better

The Government is trying hard to raise awareness of the Child Trust fund. Publicity surrounding this has created increased demand for advice about saving for future expenditure requirements that come with having a child. Around 40% of the requests we get from members of the public for our free consumer guides are currently for the guide titled Saving for Children. A recent increase in the maximum investment in the Children's Bonus Bond from National Savings & Investments was a well timed marketing move on the back of the Government's funded campaign to attract additional cash to this usef...