F&C Children's Investment Plan (CIP)

F&C Children's Investment Plan:

• Opportunity to invest more than the £1,200 annual Child Trust Fund limit
• Invest from only £25 a month, or a £250 lump sum.
• Stop, start or change monthly savings at any time and access to your money at all times
• Top up your plan whenever you wish - great for birthdays or Christmas
• Those looking for flexibility to decide if and when the child should receive the money
• Grandparents who are looking to maximise their inheritance tax efficiency
• Not just for Child Trust Fund savings but for any child at any age.

Investing for children - two main ways

At F&C we offer two flexible ways to set up a Children’s Investment Plan:

Investing for children using a designated plan
Investing for children via a bare trust

1. Investing for children through a designated plan 

Especially suitable for:  Parents.

A designated plan lets you to keep control of the investment, and gives you access to the money before your child reaches 18. This flexibility means you can use it for day-to-day expenses, such as school fees, sports equipment or other necessities.

The plan is held in your name with the child’s name as a designation. You’re then able to transfer into your child’s name when they are 18, or you can decide to keep it in your name if you wish. 

More information and application form>>

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2. Investing for children through a bare trust

Especially suitable for: Grandparents and parents.

A bare trust is where the plan is held by trustees on behalf of the child, with the benefit that it would not form part of your estate for inheritance tax purposes. However, you will not be able to access the money, as the child has absolute entitlement.

However, if you’re a trustee you’ll have legal control over the plan until the child reaches legal capacity (which is 18 in England, or 16 in Scotland).

Bare trust

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