Regular Savings Plans for Children

Tax Exempt Savings Plan

Take advantage of this additional government tax free savings allowance that is available to all adults and children.

 

Save for your children, grandchildren or family friends.

 

Tax Exempt Savings Plans are unique to friendly soceties. They include a guaranteed minimum return and life cover.

 

Unlike Child Trust Funds that automatically pay out to the child when they turn 18, you the invester chooses, when you take out the plan, at what age you want the plan to mature.

 

 

 

 

Standard Savings Plan

Because of the unique tax advantages of friendly society Tax Exempt Savings Plans the government limits the amount you can save to £25 per month.

 

If you want to invest more than this then you can take out one of our Standard Savings Plans for children.

 

There is still a guaranteed minimum return and life cover, as well as the opportunity to build an even bigger cash lump sum to help give the child that you know the very best start in life.

 

 

 

 

 

 

 

Tax Exempt Savings Plan

(without life cover) 

Our traditional Tax Exempt Savings Plan includes an element of life cover. If you specially do not want to include life cover then this version might be right for you.

 

The investment still grows through the regular bonuses that we add and there is a guaranteed minimum return provided all of the premiums are paid.

 

Due to the special tax advantages of friendly society Tax Exempt Savings Plans the maximum investment is £25 per month