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NS&I widens the chance to save for young children

Anyone aged 16 or over can now invest in Premium Bonds on behalf of children under the age of 16, meaning these gifts are no longer restricted to parents and grandparents.

This change to Premium Bonds, first revealed in the October 2018 Budget, is aimed at inspiring a stronger savings culture, presenting young people with greater opportunities to save by allowing gifting into one of the UK’s best loved savings products.

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