Urgent warning for thousands of parents as kids miss out on £4k each due to simple error – how to avoid it

THOUSANDS of parents could be costing their children an average of £4,000 in savings in adulthood with a simple error.

A combined £3.5billion has been lost by thousands of child savers because their parents have put their money in a cash account instead of investing it, according to analysis provided exclusively to The Sun by financial firm Quilter.

This is a huge increase on the roughly...