Spotlight: Your Child: What your child's fund could make.
However, if you made the maximum allowable additional contribution of pounds 1200 a year, your child would have a nest egg worth pounds 36,448.
In a stock market fund: pounds 250 invested in an equity-based fund growing at eight per cent a year over 18 years, with a second pounds 250 added at age seven, would be worth pounds 1583. Adding the maximum allowable pounds 1200 a year would raise the total to pounds 48,148
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|Publication:||Daily Record (Glasgow, Scotland)|
|Date:||Apr 12, 2005|
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