Cash based Child Trust Funds will not suffice to build up funds needed to pay such costs as university education, so parents will need to consider additional investments
Intermediaries have a key role to play in helping parents foot the bill for either school or university education. Investing for children can be one of the most important financial decisions parents will ever make. At the age of 18 young people are suddenly faced with the option of buying a car, going to university or buying their first home. So what's the best way to make sure that children have a good financial start? Most parents think about saving for their children from the outset, and many grandparents, godparents, uncles and aunts would like to contribute, but they are often unsure...
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