Savings and Investments
National Savings
A wide range of investments and savings are available from National Savings, please refer to their website: www.nsandi.com
Individual Savings Accounts
This savings vehicle enables you to save on a regular basis or with a lump sum to build up a tax-free cash fund for future years. The plan is open ended and you can vary your investment amounts within the limits applicable each tax year
Investment Bonds
Different types of bonds are on the market to provide growth and income on a lump sum investment which are generally designed for medium to long-term investment and should not be seen as a short term commitment
Unit Trusts
Open Ended Investment Contracts (OEICs)
Investment Company with Variable Capital (ICVC)
These collective investments allow a group of investors to 'pool' their money into a fund which is then invested in a wide range of stocks and shares, fixed interest securities and other financial instruments
Child Trust Funds
Designed to be a long-term savings and investment account for a child until they are 18 whereby the proceeds are free of any tax