Guide for parents

This Guide...

We all want to give our children the best start in life. If you want to help them financially then the earlier you start saving the better.

Many of today’s “children” - after getting a university degree and struggling to find the money to buy their own home – are in the unenviable position of starting adult life burdened with debt. So any help we can give them is usually gratefully received.

What you can do to help them depends on how much money you’ve got to put aside, and how long it has to grow before it’s needed. This Guide looks at some of the options open to parents wanting to give their children a financial helping hand.

As with all financial decisions it could be worth seeking financial advice. A good adviser will be able to review all your financial needs and recommend the best solution for your personal circumstances. See our Financial Advisers Guide for how to choose an adviser.