Starting early: children and money
Most parents would agree that helping their children deal with money is important. Whether that means instilling good habits from early childhood, starting a savings account in their name or helping them pay for school and university fees.
It’s not only parents who want to help out. Children also receive gifts from grandparents and other relatives and friends.
In this issue of Thinking Ahead, we’ll look at the savings and investment options available to children to help them make the most of their (and your) money.
Finally, a quick ‘heads up’: with the Autumn Statement fast approaching, we consider whether higher rate taxpayers should think about paying more money into their pension before 23 November. If you’re a higher rate taxpayer, read our short article on pension tax relief.
Hope you find it usefulJohn Lawson - Editor