Stakeholder pensions for children
Indulge more than their imaginations
Invest in their future with a Stakeholder Pension Plan for children
While your children are growing up, it’s easy to indulge their dreams of becoming a mermaid or starting their very own ice cream farm. But when it comes to their real ambitions – from travelling the world, to starting a family of their own - one thing’s for certain: they’ll be living in a world that’s more expensive than ever.Our Stakeholder pension is a simple, low cost, tax efficient way to help provide for your child’s future.
Risk factors
All investments carry an element of risk. Please bear these points in mind:
The value of the units which make up your fund can go down as well as up, so the value of your fund is not guaranteed. Please remember that the money is tied up until the retirement benefits are taken.
The amount of pension income provided by the retirement fund will depend on a number of things, including investment returns and the rates available to buy a pension when the decision to take the benefit is made.
The fund or funds you choose to invest in will have specific risks. These risks are described in Choosing your investment fund (PDF 89KB).
We can increase our charges but we will let you know before we make any change.
The Total Annual Management Charge will not exceed the Government's maximum permitted charge, which is currently 1.5% a year of the value of the fund for the first 10 years of your plan, and 1% a year thereafter.
If you decide to cancel within the 30-day cancellation period, your refund may reflect any reduction in investment value. You can read more about Your Right to Change your Mind at the start of our online application form.
The law and tax rates may change in the future and the value of tax relief will depend on your individual circumstances.
The past performance of a pension fund is not an indicator of its future performance.
