Scott No Mates wrote:
Alternatively (and depending upon your cashflow tc) you could consider insurance bonds, need to be opened with an initial deposit then you can only add a certain amount annually. As they are for 10 years +, there is no tax payable on interest earned. Definitely worth looking at especially for long term investment…[Read more]

mattsta wrote:
i used to put money aside in managed funds, but I really disliked the management fees!!! yuck. It can be so high.In my personal opinion, I would suggest to put money in Index funds or ETFs instead as the management fees are much lower – that's what I would do

Thanks – I will look these up as am not sure what they are. Cheers