Off Topic Forums

Posted: 24 August 2005 at 4:26pm | IP Logged

I set Ella's up via Boots with The Childrens Mutual. My mate works for an insurance broker (boooorrriing!!!) and their financial guys said that the Childrens Mutual were one of the most ethical investors.

I agree with MumSam though. We've set up a Halifax savings account to save for Ella in and have some control on it!!!

My mum and dad set a bond up for me and it matured when I turned 18. I'd just started work and it paid £1000 so I got a car......that was an absolute nail and I crashed it a year later and wrote it off!!!! Well done me!!!!

Posted: 24 August 2005 at 6:46pm | IP Logged

If you do not set up an account before lo's 1st birthday the government will do it on your behalf, so you loose your right to choose.

I set Ollies up today with the Nationwide 6% straight savings account.

Posted: 03 September 2005 at 1:34pm | IP Logged

Travis account opens on the 13th of this month. I got confirmation yesterday.  He's nearly excelled his limited amount for this year already though - It gets taken over into another account for the next year though.  He got so much money when he was born.

Thank goodness it is set up now!

Posted: 03 September 2005 at 2:37pm | IP Logged

That's good news, Laur.

We're still researching into the best scheme for our two wee ones.

Most of the banks do the stake holder account, which isn't what we're after.

Abbey National were very helpful and are our favourite at the mo.

Posted: 03 September 2005 at 2:57pm | IP Logged

Don't know if its any help but www.moneysupermarket.com do a comparison table for child trust funds. If you go to "savings", its in there.

The Ipswich Buildings Society is top of their table, with an interest rate of 5.75%

Posted: 03 September 2005 at 3:06pm | IP Logged

Hey Dizie i set Louis' up with the Childrens Mutual thru Boots only because they were the only account i could find offering a similar account for siblings who missed out on the TF voucher.

I got my boots vochers today for setting the account up!