Childrens Savings Accounts
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 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.
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.
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 has been selected as one of the providers of Junior ISAs for looked after children and young people.
NatWest is bringing back its much-loved piggy banks in a children’s competition to design a new pig for the famous family.
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.
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.
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.
Clydesdale and Yorkshire Banks are to launch two new savings accounts for children.
As devoted parents or grandparents, many people want to give their young relatives the best possible start in life.
94% of parents are worried about their children's financial future according to a study by J.P. Morgan Asset Management.
Skipton are building on their strong track record for children's savings by launching a new issue of the Leap account.
New research from Legal & General Investments, one of the UK’s largest investment providers finds four in five (81%) parents have never needed to dip into their children’s savings.
This Christmas, parents looking to build a nest egg for their children will have access to some competitive rates from Halifax with the launch of a new fixed savings range for children.
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