Investment for Children

[Babyramone]

My DC's have been left money from their Grandfather. It's not a huge amount (think just into 4 figures) but I want to put it into the best account possible maybe even make a little on it.
Do I just stick in savings account or an ISA or what.

Any tips :)

or what account would be best. (sorry hit return too soon)

Use in CTF or stakeholder pension. Look at charges and access terms.