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Childrens Savings Accounts

Kids stash their cash and save more than their parents’ generation

Savvy youngsters are saving more than their parents’ generation did, with 94 per cent of today’s 11-16 year olds setting money aside for the future, according to new research from Santander 123 Mini.

For the first time more than half of parents are aware of the Junior ISA

The Junior ISA celebrates its second birthday on the 1st November and for the first time a majority (57%) of parents are aware of the long-term children’s saving product.

Parents boost children’s piggy banks to the tune of £43 million a week

Almost three quarters of parents pay pocket money in the UK, contributing over £43 million to their children's piggy banks every week, data from the latest Aviva Family Finances Report series reveals.

Skipton encourages children's savings with new 5-year bond

Skipton Building Society has bolstered its good value range of young people's savings with a unique new Children's Bond offering a rate of 3.00%, fixed for five years.

Virgin Money welcomes Royal arrival George, and Georges everywhere

To mark the birth of The Duke and Duchess of Cambridge's baby boy, George Alexander Louis, Virgin Money is giving away Virgin Young Saver Accounts loaded with £25, and WWF Animal Adoption kits, to the first 1,000 Georges aged under 16 who open an account in-Store.

‘Piggybank priorities’ - 98% of 10 year-olds already saving for the future

The vast majority of 10 year-olds are more savings savvy than their parents were at the same age, with more than one in 10 already putting money aside to prepare for school, university or even buying a house.

Virgin Money and the WWF help young savers become life-savers

Virgin Money has partnered with the WWF, the world's leading independent conservation organisation, to show the importance of saving for the future - whether that is for the financial future of children, or protecting the future of some of the world's endangered animals.

Child Trust Funds continue to dominate children's savings accounts

The majority of parents with children currently 10 years old or under have some form of savings account for their child in place, according to the latest research from Lloyds TSB.

Saving habit starts early at Alliance Trust Savings

As Junior ISAs (JISAs) pass their first anniversary, analysis of Alliance Trust Savings customer data has revealed that nearly a third of JISA holders are one-year-old or under (29%), with 13 year olds the next most popular age (12%).

The Share Centre provides Junior ISAs for looked after children

The Share Centre has been selected as one of the providers of Junior ISAs for looked after children and young people.

NatWest pigs are back

NatWest pigs are back

NatWest is bringing back its much-loved piggy banks in a children’s competition to design a new pig for the famous family.

Kids are keen to earn

Even though they aren't yet old enough to get a paying job, almost two thirds of children are already earning money to help pay for the things they want by helping with housework and doing chores.

The great piggy bank robbery

Parents with children under 18 are resorting to taking or borrowing their children's savings to help pay the bills, according to research from MoneySupermarket.

Pocket money drops and girls fall behind boys

The amount of weekly pocket money received by 8-15 year olds in 2012 has fallen to £5.98, a drop of 27p a week and £14.04 a year, with the gap between the amounts received by boys and girls also increasing, according to the Halifax Pocket Money Survey.

New savings accounts for children from Clydesdale and Yorkshire

Clydesdale and Yorkshire Banks are to launch two new savings accounts for children.