Where should you save for your child now?
Informed Choice chartered financial planner Martin Bamford was quoted in an article on thisismoney.co.uk today, looking at options for saving for children.
The announced abolition of Child Benefit for higher rate income taxpayers and the planned closure of the Child Trust Fund at the end of this year has left many parents wondering how best they might make future provision for their children.
Within the article, Martin talks about the risk of using existing Child Trust Funds for additional investments, making best use of the income tax allowances all children have and being careful not to fall into the £100 interest tax trap.
You can read the article in full here.