The tax-free products will allow parents, grandparents, and friends of children born on, or after 3 January 2011, to make payments of up to £3,600 a year. But experts are warning that a lack of awareness could see kids miss out on millions of pounds in savings.
Tom Stevenson, investment director, Fidelity Worldwide Investments, answered FT readers’ queries during a live Q&A. Matthew Vincent, FT Money editor, and Elaine Moore, the FT’s savings reporter, also took part.
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