Investing on behalf of children#174

I would really appreciate the possibility to invest in the names of my two children and to keep these investments separate from my own.

Hi Klara,

Thank you for sharing your request.

Unfortunately, at the moment we are not able to open investment accounts for individuals under the age of 18. I understand this may be disappointing and I apologise for any inconvenience this may cause.

As an alternative, you may consider opening and managing an investment account in your own name on behalf of your children. Once they reach the age of eligibility, it may be possible to transfer the investments to them at that time.

I have also forwarded your request to the team for consideration for the future.

Best,

Liz

Hi Liz,
Thanks for replying and for forwarding my request.

Do you think it will be possible anytime soon to have several “accounts” in your own name? I’d very much like to keep my own investments separate from what I intend to give to my children when they turn 18.

All the best,
Klara

Hi Klara,

Thank you for your message, that’s a very understandable request.

At the moment, I’m afraid I’m not able to confirm when the option to hold multiple accounts in your own name might become available. We understand that this is something of interest to a number of investors, but unfortunately I don’t have a timeline to share at this stage.

As soon as there are any updates on this, we’ll be sure to communicate them.

Best,

Liz