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Investing for Children

 

Introduction

Parent, guardians, relatives and close family friends have the natural desire to start putting money aside for children from a young age. A little, or maybe even not so little, nest egg to help fund the youngster through higher education one day, provide a deposit to get them on the housing ladder or even contribute towards a future wedding.

There are a number of major expenses that young adults encounter, often long before they have had the time and opportunity to create any significant savings of their own. It often falls to the parents or close family to help the younger generation out with these expenses, if they themselves are financially able. Forward thinking adults often take the sensible decision to plan ahead and make sure that these future expenses are covered.
 

Topics covered in this Guide

  • Why Start Young?
  • The Options
  • Junior ISA
  • Junior SIPP
  • Bare Trusts
  • Alternatives

 

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