In the current financial climate the 'bank of mum and dad' is often needing to stay open for longer. We are seeing more and more instances of grandparents needing, and indeed wanting, to help out their financially stretched children and grandchildren.
We’ve put together six financial tips for grandparents to help guide you through these tough economic times.
Tip 1: Save tax efficiently
It’s pretty obvious that the less tax you pay on savings and investments you make for your grandchildren the better the return will be....