Stakeholder for Children

You can now save towards your child's retirement with a stakeholder pension from Norwich Union in your child's name.

You can invest up to £2,880 each year, net of tax, on behalf of your child. HM Revenue & Customs will add 20% basic rate tax relief to this, bringing the total amount invested up to a maximum of £3,600 a year.

In today's world there seems to be no end to the number of ways you can help provide for your child's future. There are many different ways of helping them to save towards their first car, their education or even the deposit on their first home, but you may want to look further ahead. Can you think of a better investment than helping to provide for a secure future?

A Stakeholder pension may be an ideal way of helping to provide your child with a more comfortable standard of living in their retirement. Any money invested in a stakeholder pension will not be accessible until your child is at least 55, so you can be safe in the knowledge that this is a long-term investment with plenty of opportunity for growth. Indeed, if you've ever wished that you'd started making provision for your own retirement earlier you'll understand the importance of making sure that your children are well provided for when they retire.

The value of investments is not guaranteed and can go down as well as up.

Alternatively, If you would prefer to talk to one of our advisers about our Stakeholder Pension please call us on 0800 056 2326. Any advice you receive will only relate to our products.

WC03007 04/2008