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.