New research among people saving or investing into Junior ISAs (JISAs) has revealed 19% expect the funds to be worth over £40,000 by the time the children they have been opened for reach 18.

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

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.