Parents are saving and investing extra money for their children knowing the bank of mum and dad is here to stay, according to new research from Investec Click & Invest. 

Only half (52 percent) of parents believe it’s important for family members to make their own way financially leaving a significant number resigned to giving them a helping hand.    

The study by Britain Thinks on behalf of Click & Invest shows that parents tend to have more in savings and investments than those without children – and the more children that people have, the more they have saved and invested.