With today's kids likely to need thousands of pounds to get them through university and on to the property ladder, a Christmas gift that will help with some of these expenses is well worth considering.
With private education costs at an all-time high and fees having more than trebled since 1990, many parents will breathe a sigh of relief once their kids hit 18. However, this is probably a little bit premature.
With the end of the tax year on the horizon, now is the time to make sure you've made good use of your tax-free allowances. Michael Trudeau runs through the nuts and bolts of Isa and pension investment.