Nov 21 2007
The Family Investments company has marked the first anniversary of the launch of what it describes as ethical child trust funds (CTFs).
Parents investing the ethical CTFs from Family can opt to have a tree planted on behalf of their child, while also having a savings vehicle that could help provide financial stability for their son or daughter as they reach the age of 18.
Thousands of parents from across the UK have signed up the ethical CTF offering from Family and the majority of the resulting accounts are being added to on a regular basis.
Miles Bingham, marketing director at Family Investments, said: "In its first year, Family's ethical CTF has already proved a growing success.
"Response has not only been strong, but parents are proactively topping-up their child's CTF on a more regular basis - creating a long-term investment for their children that does not come at the cost of the planet."
Family Investments claims to have 30 years experience in helping households save for the future and to be among the UK's leading providers of CTF accounts.