Scottish save least for their children

A new study has found that parents in Scotland save less money for their children’s future than anywhere else in the UK.

Parents in Scotland put less cash away for their children’s future than others elsewhere in the UK, a study has found.

Less than one in five children in Scotland have a lump sum put aside for their future, compared with a quarter of children in other parts of the UK.

However, the research also found Scottish grandparents were more generous than those in the rest of the UK, spending more on gifts each year.

The survey of more than 2,000 people was conducted for the Clydesdale Bank.

Read the full article: Scots ’save least’ for children