Building a 'future fortune' for children; the man 'out-Buffetting' Buffett; and insuring against dementia - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Save £2,880 a year for 18 years and give your child a £1.5m pension Two eminently clickable articles from the Mail on Sunday this weekend, as personal finance chief Jeff Prestridge considers "how to turn a trickle of shares income into a pool of wealth you can rely on year after year" in Turn the income tap off, while Sally Hamilton focuses on building wealth on behalf of children in this piece. Much like pensions, the trick here - if you do not have access to a time machine - is to start early and put the surprisingly powerful force of compounding to work. "This is where interest is a...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes