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Can you please recommend a pension fund and provider for my 23 year old daughter to start her off?

29 March 2022

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Question by Gary

Hi - I want to invest in a pension for my 23-year-old daughter who has low earning and cannot afford . Can you recommend a pension fund and provider to start her off - I want to avoid high charges.


Answered by Joshua Gerstler

Hi Gary,

It's great that you are going to set up a pension for your daughter.

Starting young will hopefully mean she has a large pot by the time she gets to retirement age.

Boring Money have a comparison tool to help you find the right pension for your daughter. Here is the link - https://www.boringmoney.co.uk/pensions/pensions/

I hope that helps!

Josh

Answered by

Joshua Gerstler

Chartered Financial Planner

I have been working in Financial Services for over 16 years. I started out at Deloitte where I trained and qualified as a Chartered Accountant before moving to Financial Advice/Planning at The Orchard Practice in 2011.