Thanks for your enquiry.
Is the proposed investment to comply with a Will Trust or other Trust, or is the parent just wanting to invest the child's own money?
I look forward to hearing from you.
Thanks for your reply.
The investment would need to be made in the name of the parent- and designate on the application form that you are holding them on behalf of a child (by adding the child’s name or initials to the form).
A lot of Management/Investment Companies have plans specifically for children, so you are best to look into one of these.
I hope this assists and sets out the legal position.