Did you know that Children's Tax-Exempt Savings Plans (TESPs)also provide a long-term, tax-free way to save for your children's future? Click hereto find out more about a tax-efficient way to build up a nest-egg for your child in addition to a Junior ISA, and compare providers.
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Enter our FREE Prize Draw and one lucky winner, chosen at random, will receive £250 added to their Children Savings Account.
Moneywise - Liam Tarry speaks to mortgage expert Ray Boulger, from brokerage John Charcol, about the outlook for interest rates, property prices and the housing market. Whether you're a first-time buyer or an existing homeowner looking to remortgage or move house, Moneywise TV discusses the options available. Press Play to view the video. If you're unable to view this, please click here to view it in a seperate player.
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Request a Jump CTF or Jump Savings Brochure and receive a free copy of Money: Your Children, Their Future by Sarah Hamilton. Click here for more information.
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One of the best ways to save for your children's future is the Tax-Exempt Savings Plans (TESPs) from friendly societies. TESPs offer parents a simple way to save up to £25 for each family member per month in addition to, or instead of, a CTF.
TESPs can help you build up a lump sum for any child through small regular payments. You choose when the money is available for them, but the policy must run until they’re at least 16 and run for a minimum of 10 years.
TESPs are available for every member of the household so a family of four could save up to £100 a month tax-free and, provided the TESPs have been set up in the parent's names, the money remains firmly under their control. In addition, the flexibility of TESPs mean that they can be set up to mature at different points in a child's life.
Providers with TESPs Engage Mutual Assurance
