F&C helps investors save for the kids

Wednesday, 19 November 2008 12:00

Parents can learn how to give their child a financial head-start in life thanks to a new investment guide available from F&C.

The asset-management company, which runs a Child Trust Fund, has created the Guide to Investing for Children in a bid to outline the options available to investors when saving for their sons and daughters' future.

It includes information on potential costs, provides the names of websites which can help and, according to F&C, "cuts through the financial jargon" to provide all the help investors need.

The guide also outlines long-term savings schemes, such as the government Child Trust Fund, which can be invested in until the child is 18. And it explains how it can be topped up with an extra £1,200 a year.

Information on the long and short-term investment options available is included in the guide, as are the facts on tax.

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