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Scottish Friendly Child Bond Savings Account Review


Scottish Friendly Child Bond Savings Account

 

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Scottish Friendly Child Bond Savings Account

Children grow very quickly, so it's important to start thinking about their future when they're young. By saving from just £10 to £25 a month with Scottish Friendly's Child Bond now, you could make all the difference when they're older. Helping to pay for university fees or for the deposit on a first home.

The Scottish Friendly Child Bond is a with-profits investment which runs for a minimum of ten years and offers valuable tax benefits.

Your money will be invested in their With-Profits Fund, over ten years or more. This invests in stocks and shares, fixed interest funds and cash for long term growth as well as a degree of security. If the bond is cashed in before the end of the term, the child may not get back as much as has been paid in.

Life cover for the child is also included with the Scottish Friendly plan so you should consider if this is appropriate.

For further information on a Scottish Friendly Child Bond Savings Account visit the Scottish Friendly website.

 

 

 

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