Investing for children
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Investment Trust Savings Scheme
STOCKPLAN: A Flying Start is an investment trust savings scheme that enables parents, grandparents, godparents and other family and friends to invest on behalf of a child.
STOCKPLAN: A Flying Start cannot accept Child Trust Fund (CTF) vouchers as it is not a CTF product. However, it may be considered for children who are not eligible for a CTF or as an investment plan for use in addition to the CTF, especially where parents would like the opportunity to invest for a child without the constraints of maximum annual limits (currently the CTF annual limit is £1,200).
Investing for your child in The Scottish Investment Trust through STOCKPLAN: A Flying Start couldn't be easier.
STOCKPLAN: A Flying Start allows you to invest on a child's behalf in one of two ways - as a designated plan or by setting up a bare trust which is a more formal and possibly tax efficient method of saving and investing for a child.
The Scottish Investment Trust PLC (SIT)
SIT is an actively managed global growth investment trust, offering an attractive combination of spread of risk and opportunity for reward. SIT invests in a broad range of companies worldwide with the aim of providing solid returns for investors. Our approach has generated real long-term growth in both capital and income.
SIT Savings Ltd, a wholly owned subsidiary of the Scottish Investment Trust PLC, is the plan manager of STOCKPLAN: A Flying Start and is authorised and regulated by the Financial Services Authority.
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