NS&I has increased its Premium Bond prize fund rate from to 3.3% to 3.7%, the sixth increase in just over a year and its highest rate in more than 15 years.

Abrdn is to launch a Junior SIPP product as part of its new family wealth planning offering for financial advisers.

HMRC says that 55,000 Child Trust Fund accounts are set to mature each month from September.

Platform provider Zurich has added a junior ISA and pension to its platform in a move to target “impending baby boomer wealth transfer.”