Baby Buffett: How to invest for children
Many Happy Returns
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The Tax Advantages of Putting Money Into a Sip
There is a lifetime allowance for a sip, which is just over a million pounds. And there are huge tax advantages to putting money into a sip. But once your child is an adult and is working and earning, if they're already at the stage with their sips going to be maxed out you've got no more thay can put t a pension. They're giving up a lot of tax advantages by not being able to contribute. Itis a big gamble, isn't it, to invest yo and be relying on government policy for, let's say, 60 years? I doubt it's going to be thing like it is now. Maybe they'll scrap the scheme altogether. Who
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