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Strategic Financial Planning for Children: Trusts, Pensions, and Investment Accounts

In the UK, securing your child's or grandchild's financial future is a crucial aspect of long-term family planning. It involves understanding and effectively utilising a variety of financial tools, including trusts, pensions, Junior ISAs (JISAs), and designated General Investment Accounts (GIAs). This blog will explore these options, including the specifics of bare and discretionary trusts and their ability to hold investments, and how they can be effectively used to build a solid financial foundation for the younger generation.

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Note: This page is for information purposes only and should not be considered as financial advice. Always consult an Independent Financial Adviser for personalised financial advice tailored to your individual circumstances.