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  • Writer's pictureAdrian Edwards

Guide: Building a nest egg – How to create financial security for your children and grandchildren

As a parent or grandparent, you may be thinking about ways you can build a nest egg for children or grandchildren. It’s a step that can give them financial security as they become independent.

According to the Royal Mint’s 2021 Savings Report, 93% of parents say a savings account for their children is important. And more than 8 in 10 have already set up such an account. This guide looks at some of the steps you can take to improve the financial security of your children and grandchildren, including:

• Opening a savings account

• Using a Junior ISA

• Investing on their behalf

• Making pension contributions.

Please contact us if you’d like to discuss building a nest egg for your children or grandchildren.

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