HSBC makes no guarantee, representation, or warranty and accepts no responsibility or liability as to the tax treatment of these accounts or contributions to these accounts. Theyll need to confirm what they would like to do with the investments, for example, sell them and move the proceeds to an ISA or a new or existing bank account. We hope you don't mind. 0000015180 00000 n Offer expires May 8, 2023. *We're open 9am to 7pm Monday to Friday and 9am to 1pm on Saturdays. Itll need to be returned to us with certified identification and proof of address. They were superseded by Junior Isas (Jisas) in January 2011. Visithsbc.ca/premierfor full details and qualification requirements. Beginning of dialog window. Youll no longer be able to view the account through online or mobile banking. If you choose to opt out of cookies, this message will continue to appear. Please note, if the beneficiary lives outside the UK, they may not be eligible for certain accounts or products. HSBC UK - Personal & Online Banking The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful. This means we arent required to assess the suitability of this product for you so you need to be confident about making your own investment decisions. All products and services of HIFC and HSBC Global Asset Management (Canada) Limited (AMCA) are only available for sale to residents of Canada unless the laws of a foreign jurisdiction permit sales to its residents. 0000003809 00000 n This website is designed for use in the United Kingdom. The form includes full details of how to do this. Saving for retirement, a childs education or maybe that dream vacation? This is unlikely to be a quick process, so if you need to apply we suggest you leave plenty of time before the beneficiary turns 18 so their account can be managed or accessed without any delay. They were introduced in April 2005 to encourage long-term saving and give all children a financial boost by the time they reach 18. The videos and white papers displayed on this page have not been devised by The Financial Times Limited ("FT"). This site may provide external links that give you access to HSBC websites located in Canada and other countries. ALL RIGHTS RESERVED, This website is designed for use in Canada. HSBC Monthly Income Fund (Investor Series)1. Child Trust Funds were designed to provide a tax-efficient way to give you a financial head start when you turn 18. HSBC Canada did not pay to be considered or granted this award. This fund always invests at least 65% of its value in equities. HSBC UK Investing Investment products Child Trust Fund Matured Child Trust Funds Two months before the beneficiary's 18 th birthday, we'll send a letter to the registered contact. Please consult your tax advisor to find out which strategies suit your tax situation. Structured Deposits Investment Bonds This includes information about Investment Bonds, with-profit bonds and the Guaranteed Income Bond. Child Trust Fund prisoners hit with new fees - The Telegraph Saving For Children | Children's Savings Account For Kids - HSBC UK
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