Welcome to the Money Agony Aunt series where we address some of the most commonly asked money questions.
Question: I want to start investing for my child. Where do I start?
Answer:
The first thing to consider when it comes to financial advice on investments for your child is whether you want them to eventually take ownership of the investments.
While a child is a minor (under 18), they usually don’t have access to investments in their name. At 18, they legally become an adult and can have access to some products in their name such as a Junior ISA.
