How can I invest £1000 for my grandchild other than a JISA?

Question

Boring Money · Accepted Answer

Hi Bryn,

Thank you for your question. A junior pension is an alternative option to a JISA, although access would be dependant upon your grandchild reaching age 57/58. 

A bare/absolute trust would give you more control, but less flexibility than a discretionary trust. 

Best regards