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Why We Save £100 Monthly for Our Kids
Parents are increasingly opening private pensions for their young children in the UK to secure their financial future, despite the funds being inaccessible until age 57 or later. Many are contributing modest amounts regularly, aiming for long-term growth through compound interest, with some also using Junior ISAs for shorter-term savings. This trend reflects a desire among parents to give their children a financial head start, with some international examples demonstrating similar initiatives.
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