Why pensions should be childs' play

Mon, 19 Feb 2007 00:00

According to Virgin Money, more parents and grandparents than ever before are taking out pensions for their children to kick-start their retirement funds and maximise tax relief. In the last 12 months alone, one in ten of Virgin's personal pensions have been taken out for children, and half of those were for under-fives!

Source: Moneyextra Personal Finance News
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