Childrens Savings Accounts
94% of parents worried about their child's financial future
94% of parents are worried about their children's financial future according to a study by J.P. Morgan Asset Management.
Skipton makes saving for children even more rewarding
Skipton are building on their strong track record for children's savings by launching a new issue of the Leap account.
Four in five parents never needed to dip into children’s savings
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.
Halifax launches Kids Fixed Saver range
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.
The cash gift for children that also supports charities
This Christmas, anyone worrying about what to buy for a child should consider another option. Charity Bank, the not for profit savings bank, offers an account for those under the age of 16.
Halifax launches Junior Stocks and Shares ISA
Halifax launches its Junior Stocks & Shares ISA on Friday 18th November. The fund is simple, straightforward and aims to track the performance of the FTSE 100 Index. Customers are able to top up and value their investment online.
Nationwide expands its Smart children's savings range
Nationwide Building Society is strengthening its children's savings portfolio with the launch of three new branch-based accounts. These new accounts, which will form part of Nationwide's Smart range, are aimed at parents, grandparents and other people who want to build up a savings nest egg for their children.
Children can't go to work, but their money can
Alliance Trust Savings has shown that parents could set their children on the way to a debt-free university career and also cover the cost of other significant lifestyle events, by contributing the maximum amount to a Junior ISA every year until the child turns 18.
No cash left for the kids say one in three
More than one in three parents (36%) have no savings account set up for their child, according to new research from The Co-operative Bank.
Where does money come from?
According to the latest Halifax Pocket Money Survey, more than half of the UK's children (55%) understand that to get money, you need to earn it by working.
Lloyds TSB increases rate on Young Saver account
Young savers can now boast their savings and get into a savings habit with the Lloyds TSB Young Saver account that pays a three per cent AER variable interest rate for balances up to £20K and 0.50 per cent on balances thereafter.
Blackpool leads in average size of child savings accounts
Alliance Trust Savings has revealed that Blackpool has over six times the national average account value of their ‘First Steps' child savings accounts.
Children getting a raw deal from savings providers
Young savers are getting a raw deal from banks and building societies, with the average rate for a children's easy access savings account at just 1.01%, according to new research by Which? Money.
Northern Rock launches new instant access account
Northern Rock continues to help children save for their future with a new issue of its Little Rock Instant Access account.
Hertfordshire kids savviest savers
Children in Harpenden have the highest average savings balances in the UK, according to research conducted by Halifax.