Five tips to help you build a nest egg for a child
Give your child’s financial future a boost
There are plenty of reasons to save for a child’s future, and starting early can make a big difference later on. But the options available and the jargon that’s often used can be confusing.
This easy-to-read guide covers all the basics and some often-overlooked solutions to help you give your child a great financial start in life. It includes:
- The power of starting early
- Ways to reduce future tax bills
- Saving vs investing - the pros and cons
Plus: A great option if you’re worried about handing a lump sum to a teenager.
This guide is not personalised advice. Please remember tax rules can change and the value of the tax benefits will depend on your child's circumstances. The value of investments can fall as well as rise so your child could get back less than you invest.