A pension: the gift that keeps on giving

Saving for a child's or grandchild's pension can help it get a head start, but investors should remember that the child will not be able to access they money until age 55

What to give the new arrival is a perennial question asked by parents, grandparents, godparents, and other family members and friends, whenever a christening comes along in my family. In answer, the first port of call tends to be the new baby outfit or even one of the ultra-trendy, three-wheeler baby-buggies which no self-respecting mother would be without these days. But in my family and indeed many thousands around the country, a gift is being selected for a child which is tax efficient on several different levels while also representing something that will last a lifetime - a pension. ...