Pension for Children

I don't think so but it would be a good idea if everyone could start a pension at birth and continuing on to employer scheme when starting work. Having an extra 20 years of compounding , managed properly, getting average stock market returns would leave most people millionaires come retirement age and less of a financial burden on the state.
 
Hi Laughalla

It would be much more sensible for the parents to do one of the following instead.
1) Contribute to their own pension fund
2) Pay down their mortgage
3) Put the money in an accessible savings scheme for the child so that they could pay for their education or buy a house.
 
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