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Saving for Children Guide
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Where can I find more information?
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On investment trusts
Product brochures containing more information on the different ways to invest for a child can be obtained from investment trust management companies. These brochures will contain more information on the product features as well as the risks involved. You can also look at investment trust performance tables and see other information about investment trusts at Trustnet: www.trustnet.com
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To see daily share prices, go to the London Stock Exchange’s website: www.londonstockexchange.com
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On children’s investments
For Government information about who provides Child Trust Fund accounts and a helpful calculator to see how your contributions might roll up over 18 years, see the Child Trust Fund website: www.childtrustfund.gov.uk, or call the Child Trust Fund helpline on 0845 302 1470.
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For investment advice
It may be worth taking independent financial advice before investing in investment trusts from a stockbroker or an independent financial adviser. More details of how to find an adviser can be found at Trustnet's Find an IFA facility.
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On savings accounts
For comparison tables on savings accounts and other investments, see the Moneyfacts website: www.moneyfacts.co.uk
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On tax
For information on tax thresholds and exemptions, see the website of the UK Government: www.direct.gov.uk Money, Tax & Benefits section.
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On setting up a trust
If you want more information about setting up a trust to hold investments for your children or wish to find a professional specialising in trusts, contact the Society of Trust and Estate Practitioners Worldwide: www.step.org or 020 7838 4890.
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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.
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