Product category:
Savings and investment
News Release from: Family Investments | Subject: Investments
Edited by the Insidemoneytalk Editorial
Team on 10 September 2007
Family Investments: statement on Child
Trust Funds to be used in classrooms
John Reeve, Chief Executive of Family Investments said:
"We welcome the government's initiative to use CTFs as a classroom tool which will help educate children in core financial skills Schools need a helping hand when it comes to educating children in personal finance issues
This is especially timely, given that the first CTF children have just started primary school.
"The new initiative will help comfort the 38% of parents who are concerned about what their child will do with the fully matured account.
It will also help give maths lessons more of a real-life context, and together, will inform the next generation on the requirements and benefits of long-term savings plans." Notes Family Investments is the leading Child Trust Fund provider, managing over 450,000 Child Trust Fund accounts and 1 million policies in total.
Family's Stakeholder CTF investments are currently managed by leading fund manager New Star.
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