Andrew Davies-Rounds DipPFS’ Post

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Principal of Mercian Wealth Management Partner Practice of St. James's Place Wealth Management

- Starting a child's pension is a tax-efficient way to save for their future and move money across generations - Only a parent or guardian can set up a pension for a child, but then anyone can contribute - By starting early, even small contributions to a child's pension have time to grow, with the power of compounding Saving for retirement might not be something you think about starting whilst you are still reading bedtime stories. But opening a pension for your children can set them - and their own future family - up for financial wellbeing #financialwellbeing #financialplanning #mercianwealthmanagement #sjpinsights

Pensions for children – what you need to know

Pensions for children – what you need to know

mercianwm.co.uk

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