We may have just started the New Year but, before we know it, the end of the tax-year will be upon us (5 April 2012). If you haven’t already fully utilised your 2011/12 ISA allowance of £10,680, you may wish to consider doing so as any unused allowance cannot be carried forward to the following tax year.

A Junior ISA is the new, tax-efficient way to save for your child’s or grandchild’s future. Up to £3,600 can be invested each year tax year; from April 2013, it will rise in line with inflation (RPI). Like adult ISAs, the return achieved will be free from income and capital gains tax and the money becomes available to the child on their 18th birthday.

If you want to help your children or grandchildren achieve their dreams, a Junior ISA could be a good way to make the most of your investment. It’s likely that you need to do some research prior to making an investment.

Parents know all too well how much a small person can cost. But alongside nappies, pocket money, school trips and music lessons, there are longer-term costs that can seem quite intimidating.

With interest rates still hovering just above zero per cent, finding a reliable way to invest your savings can prove to be problematic at the moment. Many savers have wondered if a traditional savings account is worth considering at all, given the low return on their investment.

Those looking to put their money into a stocks and shares ISA might have a number of things to think about when getting their tax-efficient investment off the ground. One such consideration might be exactly what your long-term goals are, and how long you are prepared to wait to see a return.

Parents, grandparents, other family members and friends will soon be able to contribute to a new tax-advantaged savings scheme designed especially for children. Junior ISAs will become available from 1 November 2011 and will allow up to £3,600 to be sheltered tax-efficiently.

The government has confirmed that the limit for Junior ISA accounts will increase to £3,600 per year. Junior ISA accounts will effectively replace Child Trust Funds. Parents, grandparents, family members and friends will soon be able to contribute to a new tax-advantaged savings scheme designed especially for children.

The Junior ISA which is due to be launched in November 2011, is a new government scheme designed to encourage saving. It is warmly welcomed by Fidelity because it has the ability to teach young people the importance of saving as early as possible in their life.

Fidelity International can confirm that it will be offering the Junior ISA from 1st November 2011. Fidelity customers will be able to invest their annual allowance (expected to be £3,600) in Fidelity's wide range of funds and investment trusts, as well as access a wide choice of some 1, 200 funds from the other 70 fund companies on our fund supermarket.