Monday, December 7th, 2009
The recession has taken its toll on the mindset of Britain’s savers, with saving for emergencies now top priority in their financial planning, according to National Savings & Investments (NS&I).
While retirement saving was top priority three years ago, pension planning has now dropped into 4th place in autumn 2009, as savers seek to squirrel cash away for a rainy day, according to the Autumn 2009 Quarterly Savings Survey by National Savings & Investments.
Tags: Childrens Savings, Childrens Stakeholder Pensions, Maximum Pension Contribution, National Savings & Investments, NS&I, Office of Fair Trading, Online Mortgage Deals, Online Stockbrokers, Pensions, Research Your Mortgage, Retirement Planning, Savings, Savings and Investments, VCT Tax Relief, Venture Capital Trusts
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Wednesday, December 2nd, 2009
This week’s latest statistics report from government on Child Trust Funds (CTFs) indicates that a quarter of families fail to actively open an investment fund for their children within 12 months of receiving their voucher. This has been attributed to difficulty in choosing a fund from the wide range of options available in the marketplace.
Tags: Child Trust Fund, Child Trust Funds, Children's Mutual, Childrens Pensions, Childrens Savings, Childrens Stakeholder Pensions, Financial Planning, HMRC, IBM, Investment Funds, Research Your Mortgage
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Tuesday, November 24th, 2009
How often at this time of year do we hear a weary parent tell their child: ‘money doesn’t grow on trees’? Here are our top nuggets of wisdom to help them manage their children’s savings and ‘personal finances’. Teach kids to budget: If your child is receiving a weekly sum as pocket money, insist that [...]
Tags: Child Savings, Child Trust Funds, Childrens Savings, Childrens Stakeholder Pensions, Enterprise Investment Schemes, Financial Planning, Mortgage Adviser, Online Mortgage Deals, Personal Finance, Repossessed Spanish Property, Savings
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Tuesday, November 24th, 2009
Are you saving for your children’s future? Over a quarter of UK parents are not, according to new research published this week by Abbey Savings*.
Tags: Abbey Savings, Childrens Savings, Childrens Stakeholder Pensions, Increased Life Expectancy, Investments for Children, Online Mortgage Deals, Online Stockbrokers, Research Your Mortgage, Savings, Savings and Investments, Stamp Duty
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Thursday, October 29th, 2009
Child Trust Funds could be axed for families with a household income over £17,000, depending on the outcome of the next general election.  This would include a discontinuation of future payments to families above this income level, who already have a fund in operation, and who would have been due a government ‘top-up’ to their [...]
Tags: Child Trust Fund, Child Trust Funds, Children's Mutual, Childrens Pensions, Childrens Savings, Childrens Stakeholder Pensions, Enterprise Investment Schemes, Financial Planning, IBM, Increased Life Expectancy, Investment Funds, Investments for Children, Research Your Mortgage
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Thursday, August 6th, 2009
Billionaire investment legend Warren Buffett is to teach personal finance and savings to children in a new animated cartoon series. ‘The Secret Millionaire’s Club’ will run as a series of 3-5 minute ‘webisodes’ on the internet website AOL.
Tags: AOL, Child Savings, Child Trust Funds, Childrens Savings, Childrens Stakeholder Pensions, Enterprise Investment Schemes, Financial Planning, Mortgage Adviser, Online Mortgage Deals, Personal Finance, Pru Pension, Research Your Mortgage, Savings, SERPS Pension, Warren Buffett
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Wednesday, June 10th, 2009
Do you have children? Did you know you can set up their pension plan, even before giving them their first piggy bank?  There’s no need to wait until their working life to begin. A children’s stakeholder pension can be the greatest financial gift you give to your child.  The children’s stakeholder pension scheme is [...]
Tags: AIB Bank, Childrens Pensions, Childrens Savings, Childrens Stakeholder Pensions, Citizens Advice, Income Tax Allowances, Investments, LV=, M&G Corporate Bond, Pension Planning, Pension Plans
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Wednesday, June 10th, 2009
Which of your children do you love more? With a university education currently estimated to cost over £43,000, some parents could face an uncomfortable choice. Can we afford to help all our children through college, or only one? One option is to start saving for your child’s education now with an Individual Savings Account (ISA). ISAs [...]
Tags: Cash ISA, Cash ISAs, Chartered Financial Planners, Cheap Life Insurance, Childrens Savings, Childrens Stakeholder Pensions, Enterprise Investment Schemes, Financial Planning, Income Tax Allowances, Independent Financial Advice, Individual Voluntary Arrangement, Investments, ISA, ISAs, Pension Schemes, Research Your Mortgage, Stocks & Shares ISA
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Wednesday, June 3rd, 2009
As parents we may feel focussed on our young children in the here and now – with the daily routine of care and the first years of schooling. But we must also bear in mind that our children’s future comes at a cost, and investment to secure their welfare and education needs careful and timely financial [...]
Tags: Child Savings, Child Trust Funds, Childrens Savings, Childrens Stakeholder Pensions, Enterprise Investment Schemes, Financial Planning, IBM, Income Tax Allowances, Increased Life Expectancy, Investment Funds, Investments, Investments for Children, Online Mortgage Deals, Research Your Mortgage, Savings
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