Nov 8, 2011
An Ethical ISA for the (Grand) Children
Category: General
Posted by: tracey
Ecclesiastical have launched their new savings product for children, the Ethical Junior ISA.
The Junior ISA allows parents and grandparents as well as other family members and friends to shelter up to £3,600 a year for their children.
With the money locked in until the child reaches 18, this presents a great opportunity to build a sizeable savings pot that can help with university fees, house deposits or just a good start in life.
It was recently estimated that there are already 6 million children eligible for a Junior ISA, with a further 800,000 being added every year.
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