Children's long term savings

[Jeremy67]

My in-laws would like to invest some money for our children aged 7 and 1. Their instinct is an ISA and I would probably steer towards a stock market based one as i) interest rates are more or less 0 ii) Whereas the stock market may go up and down over the long term (I guess 15+ years) it is likely to deliver better growth.

Your thoughts and experience would be hugely appreciated. Are there other things we should be looking at?

Thanks.

[Alansmithee]

My in-laws would like to invest some money for our children aged 7 and 1. Their instinct is an ISA and I would probably steer towards a stock market based one as i) interest rates are more or less 0 ii) Whereas the stock market may go up and down over the long term (I guess 15+ years) it is likely to deliver better growth.

Your thoughts and experience would be hugely appreciated. Are there other things we should be looking at?

Thanks.

Junior SIPP? 25% top-up from government (upto £2880) so I'd put some in there.

[tomp]

Depending on what they want/how much they want to invest in, our 1 year old has an ISA which we all pay a little into and some premium bonds. He's won twice already (started with £100) and is now on £150 in a year. Seems to be doing well.

[.olli.]

As above - a mix a Junior ISA and premium bonds. That's what we went for for ours, and the kids enjoy the concept of premium bonds, so it is a bit of fun