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Virgin Childrens Pension - Child Stakeholder Pensions
(Which Way To Pay - 5/3/2010)
The Virgin pension scheme for children is a stakeholder pension so there are guaranteed standards.  It is fairly easy to set up this fund on behalf of children so that they can benefit from an income when they reach retirement age.

Anyone can contribute to the fund (it needn't be just the child's parents).  Payment options are flexible, so you can pay lump sums or put a monthly contribution in.

The rate is a low 1% and the minimum investment is 20.  You are given 2 funds to choose from - and remember that there is no guarantee that your child will get as much as you put in once the fund can be accessed (when the child reaches the age of 55).

Virgin Childrens Pension is ranked 3 out of 5. Based on 1 review.

3 Star Rating        
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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