For many parents, the financial future of children or grandchildren is a primary concern. The question often arises: how can we support their future goals in a way that’s financially savvy and tax-efficient? Whether it’s financial support to help with higher education, starting a business, or purchasing a home, Aviva’s Children’s Savings Investment Trust could be the answer.
What is Aviva’s Children’s Savings Investment Trust?
Our Children’s Savings Investment Trust is a tax-efficient means to help secure a bright future for the younger generation once they turn 18. This trust allows individuals to contribute up to €3,000 annually per child (€6,000 per couple) to maximise the Small Gift Exemption limit.
You can invest from as little as €100 per month and you can easily change your investment choice throughout the policy, giving you flexibility. It’s a great option for parents, grandparents, or godparents to help give their loved ones the best start in life once they reach adulthood.
Why choose Aviva’s Children’s Savings Investment Trust?
- Long-term growth: Your money can grow because it's invested, especially in the long-term.
- Investment choices: We offer lots of investment options across risk profiles, asset classes and fund managers.
- Environmental responsibility: Our investments also consider the environment, social and governance (ESG) factors.
- Simple and straightforward: Aviva deducts any exit tax due on the growth of your policy.
- Keep an eye on your investment: Easily watch how your investment is doing online and via our easy-to-use fund centre.
Remember: Money in the Aviva Children's Savings Investment Trust is the child's, not the parent's (or another contributor such as a grandparent).
For more information, download our Aviva’s Children’s Savings Investment Trust Brochure and our Savings Plan Customer Guide.