Giving parents all the options

investing for children

Parents should be clear about the number of different ways in which they can invest for their children, and the risk vs reward aspect to each, as well as being realistic as to how much they are really going to need when the time comes for school or college

There are a number of options available to parents wanting to invest for their children, but before they embark on any of these they should clarify how much they want to save and for how long, as well as how much risk they want to take on. Any parent planning an investment goal for a child quickly runs into the inevitable risk vs reward conundrum. Can they trust the stock market, even though the FTSE 100 is only fractionally higher than where it was in 1997? Or should they put cash into National Savings and Investments (NS&I) or a local building society with lower risks but less potential...