Long term savings - good returns??

[Paul_B]

Hi,

I'm wondering what is out there where I can put a small amount of money away each month and get decent returns on it.

I'm after a long term plan, I'm not worried about being able to access it until our kids are 18 or thereabouts (they are 2 years and 3 months at the moment).

I'm currently putting £60 a month away into a savings account which is pretty rubbish.

A friend at work was saying he puts a small amount each month into an investment company and his monthly returns are far greater than what he puts in. Obviously these fluctuate but overall the gains are very good. He showed me a statement which shows his money has effectively doubled! He mentioned P.E.P which in having a quick google search these don't seem to exist anymore?

So my question is, is there anything similar out there which is going to be better than a savings account or an ISA which also seem to be quite low returns?

Any advice would be much appreciated.

Apologies if this topic has been covered before, happy to be redirected and this closed down if that's the case.

[Paul_B]

Thanks for the replies everyone. I will do some more digging into stocks and shares ISAs. Sounds like this is the sort of thing I'm after.