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.
Posts Tagged ‘Increased Life Expectancy’
Govt targets savings for children by scrapping Child Trust Funds
Monday, May 24th, 2010Children’s Savings – include £383 for tech toys, says Halifax
Friday, April 16th, 2010
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.
Patrick Dixon the future is green
Sunday, March 28th, 2010Watch this video by Patrick Dixon keynote speaking giving his take on the future of financial services and the different investment opportunities of the future.
Quarter of families not saving for children's future
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*.
Threat to Child Trust Fund scheme
Thursday, October 29th, 2009Child 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 [...]
From little acorns: investments for children
Wednesday, June 3rd, 2009As 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 [...]
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