Children’s Services
Have you started planning for the next generation? For your children’s finances, there are a number of common products available. We can advise you on how to build your children a secure financial base.
When you plan with us
As parents, your main priority is to protect your children. For your children’s finances, there are a number of common products available. We can help you to set up a Junior ISA, Junior Investment Account, Junior SIPP, and/or trust fund so that you can start to build them a secure financial base. If you are a grandparent, you could also invest on behalf of your grandchildren.
There is a tax advantage when investing for your young ones. Children have the same personal tax allowance as adults, so there is not usually any tax to pay on their investment income or capital gains - depending on investment type.
Our Advisers can incorporate your child’s investments into your overall financial plan, ensuring that you have every tax advantage available in order to safeguard and secure your wealth, allowing it to be handed to the next generation. Even a small amount put away each month can accrue a lot of money by the time your child is 18 if you invest early on their behalf.
Children have the same personal Tax allowances as adults.
So there is not usually any tax to pay on their investment income or capital gains.
Information is based on our current understanding of taxation legislation and regulations which is subject to change.
What can we do for you ?
Read more about our wide range of offered services and how we can help you.
What is the history of Westminster Wealth Management?
Through our rich and long history, we have developed tailored expertise of the highest quality. Read more about us and our core values.
Who are our Independent Financial Advisers?
With our wide range of different IFA’s we can offer a tailored experience to suit your needs.