With Christmas just around the corner an investment firm has reviewed five of the best options for financial investment gifts for children.

The FCA has ordered a firm to immediately cease marketing its ISA and Bond products.

Over four in five (82%) parents and relatives who invest in Junior ISAs have been using them to invest for children and young relatives since they were under five - but 80% will wait until their recipients are over 16 before telling them, missing an opportunity to help young people learn more about personal finance, says a provider.

Chancellor Philip Hammond has frozen the adult ISA allowance for 2019/20 at £20,000 but opted to increase the Junior ISA allowance in line with CPI to £4,368.