We all want a good start in life for the children in our family. After providing for the immediate needs of younger children, thoughts turn towards the future and consideration of longer-term goals and future savings.

You may want to consider investing in your child’s future savings to build something significant they can call on in later life.

It sounds simple, but such thoughts also bring with them several questions:

• What are you saving for?
• How much flexibility do you need?
• Which investments are appropriate?
• How much control do you want over when children can access their money?
• How can any tax be minimised?

The first step is to decide the investment goals and the timeframe. Do you want to help a child or grandchild onto the property ladder, support them through higher education, help with a major expense such as a wedding, or even start a pension pot for them? Perhaps a Junior ISA (JISA) may be a suitable option for their future savings.

Get in touch

To make plans to secure the financial security of the children in your family, please get in touch to discuss future savings options tailored to your family’s unique needs and goals.

We help clients across Sussex and Kent, including Eastbourne, Bexhill, Uckfield, Lewes, Crowborough, Hastings, Seaford, Newhaven, Tunbridge Wells, Brighton, Hove and Worthing. We offer a free initial consultation, which can be held at your home, workplace or our office.

For more detailed information, watch our helpful videos explaining our services and how we operate under FCA guidelines. You can also explore our financial blogs for expert advice on a range of topics.

Check out our VoucherFor reviews to see what our clients say about working with us.

The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.

It is important to take professional advice before making any decision relating to your personal finances. Information within this blog is based on our current understanding of taxation and can be subject to change in future.

It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK; please ask for details. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from, taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor.

The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.

If you withdraw from an investment in the early years, you may not get back the full amount you invested. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency. Taxation depends on individual circumstances as well as tax law and HMRC practice which can change.

The information contained within the blog is for information purposes only and does not constitute financial advice.

The purpose of the blog is to provide technical and general guidance and should not be interpreted as a personal recommendation or advice.