I want to set up accounts for my kids for long term investment on the London Stock Exchange (probably an index ETF). This will likely take the form of initial investment of approx 2000 Ponds and a yearly addition of 500, so the accounts will only be used for one or two trade a year. The children are very young so I will need to control the accounts, but the accounts need to be in their names. Any advice on choice of brokers and how to keep account admin costs/trading costs low? Thanks.
- posted
20 years ago