Posts Tagged ‘Childrens Stakeholder Pensions’

Saving for Kids – Top Kids’ Careers cost over £100,000

Thursday, June 24th, 2010

The top career choices for 5-7 year olds now need 3rd-level education. Top 3 choices are teacher, doctor and vet. These will cost over £100,000 to fund, and 93% of parents will carry that cost. Saving for kids is essential, and needs careful forward planning. Read full lists of kids favourite careers by clicking on headline above.

Children’s Savings – What options after the Child Trust Fund?

Wednesday, May 26th, 2010

Children’s savings have taken a blow this week, with the announced abolition of the Child Trust Fund scheme (CTF) due to government cuts. What are the other options for children’s savings?

Govt targets savings for children by scrapping Child Trust Funds

Monday, May 24th, 2010

In an unexpected move against savings for children, the government has announced that the Child Trust Funds Scheme is to be completely scrapped in a phased move from August 2010.

Children's Trust Funds – Writing is on the Wall under Cons and Lib Dems

Wednesday, May 12th, 2010

Children's Trust Funds - Writing is on the Wall

Only the Labour Party supported continuing access for all to the Child Trust Fund Scheme. The Conservatives want it limited to only poorer families, the Lib Dems want it scrapped. The writing may be on the wall for the most successful children’s savings initiative in the history of the country.

Children’s Savings – include £383 for tech toys, says Halifax

Friday, April 16th, 2010

Children's Savings - include £383 for tech toys, says Halifax

When planning your children’s savings, factor in £383 per year for technology – for everything from computer games, music downloads, and mobile phone costs, says Halifax in a new survey published this week.

ISAs perfect for children’s savings

Tuesday, March 9th, 2010

Why lose this year’s allowances for tax-free savings in ISAs? With just weeks to go before this year’s ISA allowances of £7,200 expire, you could set up ISA accounts to save for your children’s education.

Babygloomers botched financial planning for their Yuckies

Wednesday, February 17th, 2010

Almost 3 in 10 parents are forced to remortgage their homes, due to a lack of financial planning for a growing generation of Yuckies (Young Unwitting Costly Kids), according to a new report from The Children’s Mutual. These are the parents of the ‘Babygloomers’ generation.

Family Financial Planning: University for your new baby could cost £64,000

Friday, January 29th, 2010

Financial Planning for University

The cost of sending a child born this year for a 3-year course at university in 2028 is likely to top £64,000. University costs have already reached £42,000 in 2010, and are rising every year. To manage such a substantial challenge, forward thinking and family financial planning are crucial.

Personal finance education becomes compulsory in primary schools in 2011

Wednesday, December 23rd, 2009

Personal Finance Education

The government is finally recognising that our children are never too young to learn the very basics of good financial planning, saving, and general ‘money sense’.

Financial advisers vote for children’s pension as Xmas gift

Wednesday, December 23rd, 2009

Childrens Pension

Forget that pink lady doll and the games console – a brand new pension is the gift of choice from financial advisers for their children, according to new research by financial software specialist 1st-The Exchange.

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