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Watch your children's savings grow: Junior Isas are now more generous


Hundreds of thousands of children in the UK are set to receive a bumper cash bonus when they reach adulthood.
They have a total of about £5 billion in 954,000 Junior Isa accounts. And this is set to grow after the Chancellor doubled the annual allowance to £9,000 last April. 
This cash could provide a vital financial boost for future generations facing expensive university fees and high housing costs.
Britain s children have a total of about £5bn in 954,000 Junior Isa accounts
But most of the 12 million-plus under-16s in the UK are missing out as they do not have a Junior Isa.
Parents do not need to be rich to get started, however. Many accounts can be opened with as little as £1.  ....

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