What should Child Trust Fund kids do with their money?
The first Child Trust Fund children came into their money this month, as they turn 18. Some youngsters have now found themselves in possession of four or even five-figure sums of money. Financial Adviser editor Simoney Kyriakou looks at what they should do with this money, how they should invest it, and what impact the lack of financial education could have on their choices. She is joined by Vanessa Howard from Good with Words, Claire Walsh, head of advice strategy at Schroders Personal Wealth and Nick Britton, head of intermediary communications at the Association of Investment Companies. After that she chatted with FTAdviser reporters Imogen Tew and Amy Austin to discuss some of the big stories in the news. The FTAdviser Podcast is the weekly podcast for financial advisers brought to you by FTAdviser.com.
See acast.com/privacy for privacy and opt-out information.