A Guide to Creating Wealth for Children

Nurturing the future – investments to provide a flying start in life

A Guide to Creating Wealth for Children

Whether you’re a relative, parent, grandparent or a friend, investing for a child’s future is one of the most important things you can do. For any investor, time is a powerful ally – so where you are investing on behalf of children, you start with a great advantage.

Not only do long timescales allow for greater risk-taking and thus higher potential returns, but there is the power of compounding, as profits are re-invested year on year. Ask any parent, and they’ll agree on one thing: one minute your children are toddlers, and almost before you know it they’re going to university or planning to buy their first property.

Whether you save little and often or have bigger sums of money to invest, keep going over a few years and you can build up a really useful amount. It can go a long way to setting them on the road to becoming independent or helping them with university or housing costs. You might even encourage them to become savers.

Saving for a child today is a wonderful gift for their future. Not only can they start their adult lives with some savings in hand, but getting kids involved early with saving also helps them learn important lessons about money.

Savings Accounts
A Guide To Creating Wealth for Children:
Savings Accounts

They’re easy to access, save into and pay some interest. A recent change for all savings accounts – including children’s – is that tax… Read More »

Start a pension
A Guide To Creating Wealth for Children:
Start a Pension

Investing a little in a pension for them when they’re very young can make a big difference later on thanks to the compounding of any…. Read More »

To download the full guide please click here.

The value of your investments and any income from them can go down as well as up. The value of your fund may be less than you paid in.

Before you choose a SIPP, make sure you understand its aims and risks. A SIPP requires active management and investment expertise. You should make
sure you review your investments regularly. You normally cannot take an income from your pension until age 55.

Laws and tax rules may change in the future without notice. The information here is our understanding in October 2017. This information takes no account
of your personal circumstances, which may have an impact on tax treatment.