UK children's trust/shares?

If the parents are UK resident, then AIUI, much of the 'normal' 'saving for children' stuff should apply - accounts in the parent's name, with the child's initials, etc.

I guess the grandchildren are too old to have CTFs, but many providers have similar schemes for older children.

Disclaimer: I'm named on a CTF for a one-year old child in an IT that's trading at 368 pence - in 1982 it was 18 pence (donno exactly what the divis have been since then)

rgds, Alan

I agree: Investing in a self-select or unit trust CTF that a parent/guardian has opened is the best method for younger children. Squaregain is the cheapest for this, I think.

For older children or if a CTF has been opened that can't take ITs or UTs I'd also agree that an investment trust saving scheme might be the best bet. I don't know what the restriction are on these for non-residents, but I'd take a look at the saving schemes for some of the Henderson, JPMorgan or F&C trusts as well as individual trusts such as British Empire Securities, RIT Capital partners etc. These saving schemes can be designated for a child by adding their initials to the appropraite bit of the application form. If US residents aren't eligible then you should be able to get their parents/guardian to open it for you - as log as you can transfer the money easily.

Thom

Alliance Trust is another good value for money wrapper -

As for investments, higher income investments (say dividend yield of

Daytona