I'd like to set up an account for my 1 year old niece and just deposit some money in there for her as a birthday pressie. I'm not in a position, financially, to set up a regular savings account for her, just deposit the occasional lump sum. What are the best options out there at the mo? Anything else I need to know/take into consideration?
I'll prolly hand it over to her parents, btw, as she doesn't already have an account set up for her.
(Mods/Others - feel free to move this if it's in the wrong area or point me to a previously existing thread).