Provision for children
Many parents want to prepare for education, a driving licence or the start of adult life. What matters is the time frame, the access you want and whose name the savings are in.
Building something for your children early – with a clear view of who owns the money later and how flexible it stays.
Who this advice is for
This topic may be relevant to you in the following situations:
- Parents who want to set aside smaller amounts regularly
- Families who want to bundle monetary gifts from relatives
- Parents-to-be who want a structure in place early
What we clarify together
A suitable recommendation starts with the right questions. In a personal consultation, we look at:
- Should the money belong to the child or stay under the parents' control?
- When will the money likely be needed – at 18, for studies or later?
- How do savings affect later entitlements such as student support?
How we approach the consultation
We proceed step by step so that you can understand the options and make an informed decision:
- Discuss goals and likely payout dates
- Clarify access, ownership and flexibility
- Compare possible routes and set a realistic contribution
What you should keep in mind
Before making a decision, it is important to consider the following points:
- Contracts in a child's name usually cannot simply be reclaimed later.
- Long terms should match a contribution that stays affordable through parental leave or a job change.
- Protecting the parents is often more important for children than an extra savings contract.
Common questions
At what age does this make sense?
Any point in time is possible. The longer the period, the smaller the regular amounts can be.
Can grandparents contribute?
Yes, that is a common wish. We clarify beforehand how payments are allocated and who can access them later.