If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Where to invest trust funds

AnneM2014 · 2017-03-22 23:30:32

Can anyone advise on a child's trust fund (it is held in the parent name stating it is in trust for...) which is just complete 5 years with An Post & as its a trust they will now only accept it as a 'Statement based Deposit Account' (Interest 0.15% p.a. variable, subject to DIRT.) Can anyone advise is there anywhere else…

Options

23-03-2017 12:30am

#1

AnneM2014

Registered Users Posts: 1 ✭

Join Date: October 2014

Posts: 0

Can anyone advise on a child's trust fund (it is held in the parent name stating it is in trust for...) which is just complete 5 years with An Post & as its a trust they will now only accept it as a 'Statement based Deposit Account' (Interest 0.15% p.a. variable, subject to DIRT.)

Can anyone advise is there anywhere else to place this for another long term period of time?

Thanks.

0

Comments

Options
#2 24-03-2017 5:41pm
topper_harley2

Registered Users Posts: 537 ✭✭✭

Join Date: December 2008

Posts: 527

I recently opened 3% child regular saver for nephew with EBS. Not sure if they accept lump sums, but might be worth a look.

0