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Saving Early Can Prevent ‘Boomerang Kids’ From Eating At Your Pension
22/05/13/A. Velasco
Posted on 22/05/13
Family Investments Reviews
| Ease of Use |
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1/5 |
| Quality of Information |
|
5/5 |
| Staff Friendliness |
|
1/5 |
Review made by: Sarah on 4 Sunday December 2011
Good Points: Very easy to use
Bad Points: None
General Comments: since the scrapping of the child trust fund earlier this year. the gornment have then recently announced that the new juniour isa is to be introduced on the 1st of nov 2011. this new junior isa is meant to be designed to provide us an opportunity to gradually add up cash into these accounts over a certain amount of years.it is also a taz free amount of money that you gradually add up. any body can contribute to this to the junior isa from families, friends, relatives, siblings, parents, and this can be a contribution of any amount they wish to add on. the money from the junior isa cant be used for any thing whatso ever until the child reaches 18. but when the child does reach 18 they can use the savings on any thing they seem fit to spend it on.
