We all want a good start in life for the children in our family. After providing for the immediate needs of younger children, thoughts turn towards the future and consideration of longer-term goals. You may want to consider investing for your child’s future to potentially build something significant which they can call on in later life.

It sounds simple, but such thoughts also bring with them a number of questions: 

• What are you saving for? 
• How much flexibility do you need? 
• Which investments are appropriate? 
• How much control do you want over when they can access the money? 
• How can any tax be minimised? 

The first step is to decide the investment goal or goals and the timeframe. Do you want to help a child or grandchild onto the property ladder, support them through higher education, help with a major expense, such as a wedding, or even start a pension pot for them? Perhaps a Junior ISA (JISA) may be a suitable option. 

To make plans to secure the financial security of the children in your family, please get in touch, we can explore the specific options for your circumstances. 

The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.

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