Investment Accounts for Grandchildren

22 August 2017

Paul Rickard

Hi,

Please advise on investment accounts for our 5 grandchildren under the age of 7 years, 2 of whom live in the U.K.

We would like to start with an amount of $ 1000.00 each.

A: Thanks for the question.

You might want to consider insurance/investment bonds. Issuers are AMP, Centuria, CommInInsure and IOOF.

Here is a link to an article I wrote about investing for your children/grandchildren

Regards

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