Investment goals

Your investment goals for children

The plans you make now could make a huge difference when your child reaches adulthood.

Let’s talk about risk

The value of your investments and any income from them can go down as well as up and you may not get back the original amount invested. Tax allowances and the benefits of tax-efficient accounts are subject to change and tax treatment depends upon your individual circumstances.

Why investing for children is important

Whether you’re a relative, parent, grandparent or a friend, investing for a child’s future is one of the most important things you can do.

Help your child get a financial head start – university fees, house deposit or a wedding can all be big expenses. With the average cost of University being £9,000* a year and the average UK wedding costing around £27,000^, being able to help your child with these expenses could be invaluable.

Time is on your side – Time can help smooth out any short-term fluctuations stock markets inevitably have along the way, and over the long term even small amounts can add up to a nice savings pot. Setting up monthly payments could have a big impact on your investment in the long term. The advantage of investing regularly is that it can remove the worry about trying to ‘time the market’ – even the experts don’t always get that right.

Why invest for your child with BMO

  • Wide choice of savings plans – BMO offer a choice of 3 savings plans designed specifically for children, from tax-efficient products such as our Junior ISA or Child Trust Fund to our fully flexible Children’s Investment Plan. All benefit from access to our range of investment trusts, fund manager expertise and quality customer service.
  • Leading provider of children’s savings products – BMO was one of the first asset managers to develop products designed specifically for investing for children and we have one of the largest Child Trust Fund investor bases. It’s a market we have long-term expertise in.

*Sam Meadows, ‘Students demand tuition fee refunds’, The Telegraph website, The Telegraph, 23 February 2018
^Sarah Young, ‘The average cost of a UK wedding is now a whopping £27,161’, Independent website, Independent 9 September 2017. 

Share

Let’s talk about risk

The value of your investments and any income from them can go down as well as up and you may not get back the original amount invested. Tax allowances and the benefits of tax-efficient accounts are subject to change and tax treatment depends upon your individual circumstances.

Glossary

Confused? Our handy glossary can help explain investing terms.

Saving plans

Switch to BMO

More helpful articles

Start investing for your children’s future

Explore our children’s savings plan options and learn more about the benefits of each plan.

This section of the website is directed at persons who are located in the UK. Please read our full terms and conditions and the relevant Key Information Documents (“KID”) before proceeding with any investment product referred to on this website. Nothing on this website is, or is intended to be, advice to buy or sell any investments. If you are at all unsure whether an investment product will meet your individual needs, please seek advice.