Aug 7 2007
Mums-to-be across the UK have been offered a new service aimed at encouraging them to investigate and invest in child trust fund (CTF) accounts, it has emerged.
The Family Investments company has launched a new services designed to provide pregnant women with the information they need to make the most of the tax incentivised savings options presented by CTFs.
Recent research by Family Investments showed that close to half of all predicted due dates for mums-to-be in Britain are wide of the mark and this has in part prompted the launching of the new CTF service.
"Given that an alarmingly high number of mums-to-be are given an inaccurate due date prediction, it is not surprising that many are stressed in the run up to their child's birth," remarked John Reeve, Family Investments' chief executive.
"Family hopes to ease the burden with the launch of its new CTF due dates service, providing simple and informative advice on what the CTF scheme is, while explaining the options and guiding busy mums-to-be through the set up process."
Last week, Colin Rothery from the financial advisory business Throgmorton suggested that the benefits of investing in a CTF will become more widely understood in the UK in years to come.
