
The urgency of forward planning and saving for children is back in the spotlight, as a new report from the Family & Parenting Institute puts the cost of raising a child at £800 a month Read More

The urgency of forward planning and saving for children is back in the spotlight, as a new report from the Family & Parenting Institute puts the cost of raising a child at £800 a month Read More

The Children’s Mutual, one of the leading UK providers of Child Trust Funds (CTFs), has suspended 3 of its children’s savings products, pending a strategy review. Government had already announced it will scrap the Child Trust Fund scheme by the end of 2010. Read More
Seekers of first time buyer mortgages, deflated as average house prices reach £169,162, are waiting to see what the June 22nd Budget will bring.
Nationwide’s deficit in its company pension scheme increased from £40m to £331m last year. Nationwide is the latest company to be hit by spiralling pensions commitments, as high quality but high cost final salary pension schemes are closed across the nation. Read more about the decline of the final salary pension here
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.

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.
The latest Nationwide house price index has shown house prices increase by 0.7% in March, reversing the downward trend in February which had worried many experts, fearful of a second recession.
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*.
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 [...]
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 [...]
















