Invest into a pension for your children
Children born this year could become millionaires by their 43rd birthday if their families contribute to a pension for the first 18 years of their lives.
Children born this year could become millionaires by their 43rd birthday if their families contribute to a pension for the first 18 years of their lives.
You may be thinking that now is not a good time to start investing your money. However, if you have large sums of money available, that is only sat in a bank account, today may well be the best time to invest.
Even now, given the current market volatility, pensions remain one of the most tax-efficient investments you can make.
Are you a higher rate taxpayer? We’ve put together some legitimate ways you can use to minimise your tax bill.
Rather than buying yet more toys for your children or grandchildren, why not consider setting up a tax-efficient Junior ISA for them?
Business Protection Assurance helps protect a business against possible financial losses when terminal or critical illness or death affects the owners or their employees.