More boys than girls have pensions at young age - HMRC data

The statistics, obtained by Hargreaves Lansdown from HM Revenue & Customs, showed that 20,000 boys aged under 16 had money paid into a pension for them in 2016/17, compared to 13,000 girls. Those who do not have any earnings can pay up to £2,880 per year into a pension and receive 20% tax relief, including children, and parents and grandparents can pay into a pension plan on behalf of youngsters. Hargreaves Lansdown senior analyst Nathan Long said: "Parents and grandparents are far more likely...