One of the easiest ways to grow a large investment is to start early.
There are a variety of ways to invest for children depending on their age and how much control the family want to have. We have covered the most common options below. With all four, the money can either be held in cash or invested in assets that will go up and down, such as the stock markets:
Junior ISA
Lifetime ISA
Junior pension
Trust
If you would like to have a coffee and a chat to discuss how best to set up your child(ren) financially, please get in touch to arrange a face-to-face, video or phone meeting with us.
The value of investments and the income derived from them can fall as well as rise. You may not get back what you invest.
This communication is for general information only and is not intended to be individual advice. It represents our understanding of law and HM Revenue & Customs practice. You are recommended to seek competent professional advice before taking any action.
Tax and Estate Planning Services are not regulated by the Financial Conduct Authority.
We have offices in Edinburgh, Glasgow, Aberdeen, Perth and London. You can contact us at any of our offices, or by email.
Carbon Financial Partners Limited is authorised and regulated by the Financial Conduct Authority. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
The Financial Conduct Authority does not regulate some forms of tax advice.
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