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Paying a contribution for a grandchild

Author Image Mark Devlin Technical Manager
8 minutes read
Last updated on 17th Aug 2021
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Paying a contribution for a grandchild

7 minutes

An example of how a grandparent paying into a pension for their grandchild can generate valuable retirement benefits as well as saving IHT.

"Prudential" is a trading name of Prudential Distribution Limited. Prudential Distribution Limited is registered in Scotland. Registered Office at Craigforth, Stirling FK9 4UE. Registered number SC212640. Authorised and regulated by the Financial Conduct Authority. Prudential Distribution Limited is part of the same corporate group as the Prudential Assurance Company. The Prudential Assurance Company and Prudential Distribution Limited are direct/indirect subsidiaries of M&G plc, a company incorporated in the United Kingdom. These companies are not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.