Junior ISA savings option launched

Tax free savings accounts for children, known as Junior ISAs, are now available from providers for the first time.

About six million children are estimated to be eligible for the products, which cannot be cashed until a youngster reaches the age of 18.

The system in effect replaces the Child Trust Fund, which had included a voucher from the government to kick-start the savings habit.

Read the full article at bbc.co.uk

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