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Savings for Children
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daisyboo642
Posts: 3 Newbie
My husband died last year and I want to save his pension payout for my 2 children. What is the best way of saving this money?
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daisyboo642 wrote: »My husband died last year and I want to save his pension payout for my 2 children. What is the best way of saving this money?
By keeping it in the pension if you've not already taken it out?0 -
The pension company have already paid out.0
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How much are you talking?
If it's a serious amount of money you should take advice and invest over the long term as in cash it will lose value against inflation.Thinking critically since 1996....0 -
How much is the capital sum? It belongs wholly to you with no provision for the children?
How old are the children?
Do they have CTF/JISA?
Do you use your ISA allowance?
https://www.unbiased.co.uk/0
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