This allowance can either be put into just a Junior Cash ISA, or divided between a Junior Stocks
and Shares ISA and a Junior Cash ISA, in whatever proportion most suits the circumstances.
Natwest has 555,000 young savers with either a Young Savers account, which is designed for the under-11s to put away a regular monthly amount of PS10 or more, or a Junior Stocks
and Shares ISA which is made for long-term taxefficient savings.
Most of the smaller indices mirrored the FTSE-100 Index's rise despite a number of staggering falls in share prices among some of the market's junior stocks
Unlike other Internet reporting services such as Equity Alert (OTCBB:EINC) which tend to alert investors once a company's stock has increased significantly in volume or price, This Week's Pick researches junior stocks
which fly under Wall Street's radar screen.
There are a range of saving vehicles to choose from including a simple cash savings account with a bank or building society, premium bonds, a Junior stocks
and shares ISA or even a pension.