Isas

The best rates are currently being paid on fixed-term Isas, such as 3. 6% with Aldermore or 3. 5% with Nationwide Building Society, Santander Bank and Saga. see our latest here »

This is Money | Home 2010

There may immediate handouts to family or charities and they should use tax breaks such as Isas, setting up unit trusts to use their capital gains tax allowances each year, but I would look at deposit accounts paying the best interest so that they can access money as they slowly make their decisions.

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Even better fixed-rate cash Isas can be secured on similar terms, which means no tax is payable on the interest generated, Connolly says.

John Lewis launches savings bond 2011

Product providers are likely to offer decent rates on these, at least when they are first introduced, but the rules prevent CTF savers from transferring their funds to Junior Isas, meaning millions of young savers could be trapped in poor rates.

Children suffer raw deal on savings accounts 2011

The bank points out that savers will benefit from its Isa promise, which guarantees that anyone transferring existing Isas to a Halifax Isa will be paid the new account's rate of interest from the moment the saver completes and delivers the transfer form to the Halifax.

Isa season underway as Halifax raises its variable rate 2011

"I think it's a sensible move to use the term Junior Isa as this will help educate children and they'll hopefully appreciate the benefits of tax-free saving and continue to make use of Isas during adulthood."

Treasury plans launch of children's Isa Mark King 2010

Be aware that you can't transfer other Isas into this account.

Savers ignore new Isa allowance Rupert Jones 2010

The situation is set to get worse because, unless the government allows transfers from child trust funds to Junior Isas, a whole generation of young savers could be stranded on uncompetitive rates.

Children suffer raw deal on savings accounts 2011

And Bank of Ireland, through its joint venture with the Post Office, has hundreds of thousands of UK account holders, with more than £6billion in cash Isas, bonds and easy-access accounts.

Here comes another "run" on a bank Not a sheep 2009

They are to be replaced from November by Junior Isas, which will enable children's savings to earn tax-free interest but will not benefit from a £250 contribution from the government at birth and age seven.

Children suffer raw deal on savings accounts 2011