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The Family Assurance Junior Bond.
The Junior Bond is a special savings plan designed to invest long term on behalf of a child. It’s tax-free, so provides a great opportunity for people to make the most of their money. The Junior Bonds are popular with people saving for a child’s 18th, 21st or 25th birthday, providing the gift of a worthwhile tax-free lump sum (i.e. free of income and capital gains tax). Anyone can save on behalf of a child and the bond has special appeal to grandparents, uncles, aunts, godparents and family friends.

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