Children can have pensions under the Government's latest proposals for stakeholder as these do not s...
Children can have pensions under the Government's latest proposals for stakeholder as these do not set a minimum age limit for pension provision This has also become a viable alternative because the proposals envisage a break in the earnings link, so that those who are not earning will be able to make contributions of up to £3,600 into a pension The money would have to be gifted to the child or else the tax benefits could be deducted from the adult's personal pension allowance David Almond, corporate pensions manager at Canada Life, said: "There is the issue of what product provider woul...
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