All investments should be regarded as for the long term because they can go down in value as well as up, so you could get back less than you invested. Any yield is variable and not guaranteed.
Remember tax rules can change and the reliefs depend on your child's personal circumstances.
Our website offers information, but not personal advice. So if you're not sure which investments are right for you, please ask us for advice.
Please make sure you understand how the transfer will be made. Some providers don't allow stock transfers, where the account remains invested. Transferring as cash means any existing investments will be sold, and your child will be out of the market for a period.