You should ensure that your financial situation is on track before you start squirrelling money away in your children’s names. Here are the types of things that I would like a client to be doing before they start to save for their kids
Did you know that if you save £3,600 gross per annum into a pension for a new-born until they were 18 and then left it to grow? At 60 they could have a pot of nearly £800,000!
Over 3 million couples are living together in the UK but aren’t married. My clients are often surprised that there is no automatic financial protection if things go wrong.