Product Profiles

Saving for Children

Everyone wants the best for their children. So why not get real investment expertise working on their behalf?

Proceeds from a Childrens saving plan can be use for any purpose you wish – from helping to pay for childcare to funding school fees, university costs or a deposit on a first home.

If you gift money to your child, there may be income or inheritance tax implications which you will need to consider. Although children have their own personal income tax allowances which are the same as adults, if the income generated is from money that was given or invested by parents, then tax will still be due upon it. See our FAQs section for more information on the tax implications of investing for children.

Whatever your ultimate savings goal, there are a great many different products on offer, and quite a lot of things to consider when saving on behalf of a child. Our FAQs on investing for children provides some useful questions and answers.

You can invest in our range of trusts through The Aberdeen Investment Plan for Children.