A tax-free savings account for children opened with a £250 government voucher. Parents, grandparents and friends have the opportunity to top up the voucher by up to £3,600 per year. The funds can be invested in cash or stock-market related investments and will grow free of tax until the child reaches 18 when they can convert it to an ISA or withdraw the money.

• Tax-free savings for children - build up a sizeable pot by age 18.
• Flexibility on the areas of investment, from domestic markets such as the FTSE 100 to overseas areas such as China, through to commodities such as oil and gold.
• Low commission rates on investing.
• Contributions can be made at anytime, although regular monthly contributions will benefit from pound cost averaging.

• Commodities can be volatile.
• Overseas markets can carry political and currency risk.
• Governments and subsequent tax rules may change before the child reaches 18.

• £20 flat fee per year
• Our commission is 1.65 per cent (minimum £10) per transaction, 'settlement and compliance' charge (£7.50) and any applicable government taxes and duties.
• Transfers-in and transfers-out to other providers made free of charge. Dealing costs may apply