Junior ISAs go live on 1 November. Robert Powell reports on the new savings scheme and looks at the differences between Cash and Stocks & Shares accounts...
If your son or daughter has a Child Trust Fund (CTF) and hence is not eligible for a Junior ISA, you should still ensure that you are getting the best return on your savings. Read New Junior ISA rules 'unfair' to children with CTFs to find out more.
More: Compare adult ISAs with lovemoney.com | Seven top cash ISAs and five good shares ISAs | Inflation hits 5.6% - get the best new savings accounts quick!