If you're just getting started with investing for your child, you might want to think about a Junior ISA. Junior ISAs offer tax-free investing, putting your money to work using the long-term growth potential of the stock market.
Junior ISAs belong to your child and can't be accessed by them until they turn 18.
You can invest up to £9,000 in the 2023/2024 tax year. Once set up, family and friends can also contribute.
Tax-free means the funds grow free from tax, with the exception of tax we've already paid on your behalf (such as on dividends from UK shares).