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Save for your godchild or grandchild as a gift

Saving for your godchild or grandchild or giving a money gift are excellent options to give a conventional present. Read more about gifting and about our options for saving as a gift.

"We grandparents are saving for our four grandchildren. Every month, we put aside a small sum for each of them for the future." Irene, Hyvinkää

Giving money, mutual fund units or equities as gifts

The easiest way to give money as a gift to children is to transfer it to their account. Accounts can be opened for children only by their guardians. Over time, even small amounts will add up to a nice amount that can be of great help and joy, particularly at the outset of independent living. Giving investments as gifts through the child's account is also possible when you agree with the parents that they invest the money in mutual funds or equities.

Special benefits through insurance-based saving

A unit-linked insurance is the best option if you are saving for the child in the long term and wish to maintain control of the funds. You then first save for a unit-linked insurance that is in your name. The child is the beneficiary of your insurance, and will receive the money later as a donation. You can also enter more than one child as a beneficiary of the same insurance.

The OP Unit-linked Insurance, for example, is a good option for saving through insurance.


OP Fund Management Company Ltd manages OP mutual funds.