Start a pension for your child
You can aim to give a child a fantastic headstart in providing for their future. They'll hopefully thank you later.
By investing £240, the current maximum net of tax relief, each month until they reach 16 you can help to provide your child with the all important first step in retirement planning. This amount will be topped up to £300 if you are a non-tax payer or basic-rate tax payer. Higher-rate tax payers can claim back an extra 20% through their tax return. Tax relief may alter and its value depends on your financial circumstances.
More information about Stakeholders for children
Before buying a product you need to be aware of the risks and commitment involved. Details are available in our Key Features Document (SPP17).
