The sooner you start to invest in a pension, the longer your investments have to grow. You can give your children or grandchildren a head start by investing for them in a Norwich Union Stakeholder Pension Plan.
It's easy to get an instant quote and apply online for a Norwich Union Stakeholder Pension Plan
If you've ever wished that you'd started investing for your own retirement earlier, you'll understand the importance of starting a pension plan early to secure your children's or grandchildren's futures. With a Stakeholder Pension Plan, you can give them a great start.
It's an ideal way of helping them to start investing for their retirement particularly as under current tax rules HM Revenue & Customs will add 20% basic rate tax relief to your payments.
You can start investing now towards your children's or grandchildren's retirements with a Norwich Union Stakeholder Pension Plan in their names. The money in your children's or grandchildren's pension plans will remain invested until they are at least 55 years of age, so this is a long-term investment with plenty of opportunity for growth.
Bear in mind that the value of investments can go down as well as up and, as this is a long-term investment, rules relating to tax and age limits may change in the future.
You can invest up to £2,880 each year, net of tax, on each child's behalf. HM Revenue & Customs currently add 20% basic rate tax relief to this, bringing the total amount invested up to a maximum of £3,600 a year. Bear in mind that tax rules may change.
It's easy to get an instant quote and apply online for a Norwich Union Stakeholder Pension Plan
Or call us on 0800 068 6800*.
For more information, a quote or a helping hand with your application, just give us a call. Any advice given will relate only to the products sold or marketed by Norwich Union.
* Lines are open Monday to Friday 8am - 9pm, Saturday 9am - 5pm and Sunday 10am - 4pm. Calls may be recorded and/or monitored.
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For our joint protection, telephone calls may be recorded and/or monitored