Sipp

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This isn't a gift likely to get youngsters 'pulses racing, but an investment firm has produced figures that, it says, show you can potentially turn your child into "a millionaire" by the time he or she reaches 65 by contributing £88 a month into their own "self-invested personal pension (Sipp)."

Pensions for kids are the latest fashion 2010
Alliance Trust Savings says that by kickstarting a child Sipp and paying in £88 a month from birth, "parents can ensure that at retirement, their child will have a pension pot of just over £1m".

Pensions for kids are the latest fashion 2010
You can pay up to £2,880 a year into a child's Sipp – which becomes £3,600 when basic rate tax relief is added.

Pensions for kids are the latest fashion 2010
Sipp 0 - 0 1.93 .152 16 0 0 5 0 0 14.0 7 4 3 1 8 15

USATODAY.com 2007
C 26 Sipp, Tony CLE L 3.16. 61$ 40.0 2.92 48 2 11.70 0 8.10 .682

USATODAY.com 2007
Sipp, Tony CLE 0 0 --- .00 6 0 0 1 0 0 20 3 4 1 0 0 5.2 1 0 2 0 7 .150 .200 .227

USATODAY.com 2007
C 26 Sipp, Tony CLE L 3.16. 61$ 40.0 2.92 48 2 11.70 0 8.10 .682

USATODAY.com 2007
Sipp, Tony CLE 0 0 --- .00 9 0 0 2 0 0 27 3 4 1 0 0 9.0 1 0 4 0 9 .111 .148 .226

USATODAY.com 2007
Sipp, Tony CLE 0 0 --- .00 3 0 0 0 0 0 14 3 4 1 0 0 3.1 1 0 1 0 6 .214 .286 .267

USATODAY.com 2007
Sipp GRA 0 0 1.93 16 0 0 5 0 0 14.0 46 7 4 3 1 8 15 1 0 11 .152 .239 .291

USATODAY.com 2007