NatWest has launched a new junior stocks and share ISA (JISA) under which parents will be able to invest in one of five Coutts funds, depending on their risk appetite.
The bank said its own research showed 83 percent of UK parents currently saving for their children are doing so in cash. Nearly half of which (46 percent) have simply opened a cash account. Only a quarter (23 percent) of UK parents are saving for a child via stocks and shares.
NatWest’s said its ...
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