Product category:
Savings and investment
News Release from: Family Investments | Subject: Child trust funds
Edited by the Insidemoneytalk Editorial
Team on 21 February 2008
Family Investments responds to FSA plans
for a 'Parent's Guide to Money'
Miles Bingham, Head of Savings and Investments, said: "Family Investments welcomes the news that the Financial Services Authority plans to provide guidance to new parents on financial matters.
Clear access to financial education, particularly among younger people and those in lower-income households, is essential for providing parents with the tools they need to secure a healthy financial future for their families "As the UK's leading Child Trust Fund provider, Family Investments has already recognised that new parents need financial planning support
Last year, we launched our Due Dates service, which provides parents with information and guidance about Child Trust Funds before the birth of their child - then reminds them to set up the account after the baby is born.".
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