The Children's Mutual

The Children's Mutual - home of the Child Trust Fund.

The Children's Mutual is the only company that specialises in providing savings for children and is the preferred choice of one in five parents for their child's Child Trust Fund.

The Government is giving the parents of each newborn child a voucher worth £250 to open an account - called a Child Trust Fund (CTF) account - on the child's behalf. You, your family and friends can all contribute regularly to this account and start saving for your child's future. The Government will contribute again to the fund when the child is seven and is considering a third contribution in the child's teenage years. The idea is that the account grows into a lump sum for the child to use when they are 18.

Baby Bond is The Children's Mutual's simple and straightforward stakeholder CTF account. Such accounts are the Government's preferred way of growing your child's savings. As the Best CTF Provider named by independent financial magazine Moneyfacts Life & Pensions three years running, you can rest assured that The Children's Mutual is the best way of saving for your child's future.

Savings News

Tax Commission calls for 30% flat tax rate on income and capital

The 2020 Tax Commission is calling for changes to the UK tax system

A new report by the 2020 Tax Commission says that a flat rate of 30 per cent tax on both income and capital will raise GDP over 15 years and end the UK's "punitive" tax system.

G8 summit ends with pledge for eurozone focus on jobs and growth

US President Barack Obama ended the G8 summit urging the eurozone to focus on jobs and growth

The G8 summit has ended with US President Obama urging the eurozone to focus on jobs and growth.

Posen to step down from Bank of England in the summer

B of E MPC member Adam Posen admits he may have been hasty in changing his vote on more QE

Adam Posen, a member of the Bank of England's Monetary Policy Committee will leave his position in the summer and admits he may have been wrong to switch his vote in April to a no for more QE.

UK household wealth up by £2.36 trillion since 2001

House price increases have contributed to the total increase in UK household wealth, say Lloyds

The combined increase in wealth enjoyed by the UK as a whole has reached £2.36 trillion, mainly due to the rise in house prices, new research from Lloyds says.

Santander moves to reassure UK customers that money is safe

Santander has moved to reassure its UK customers

Santander has admitted that some customers have been withdrawing funds but that its UK operations are separate to Banco Santander in Spain.

Downbeat inflation and growth forecasts means more QE likely

Sir Mervyn King presented the Bank of England's Quarterly Inflation report yesterday

The Bank of England published its Quarterly Inflation Report on Wednesday and predicts inflation will stay above two per cent with growth down to 0.8 per cent this year.

Taxpayers "fortunate" to escape with £2bn Northern Rock loss

The loss to the UK taxpayer on the disposal of Northern Rock is expected to be £2bn

The National Audit Office reports that the sale of Northern Rock to Virgin Money minimised losses to the taxpayer but concludes that taxpayers will lose £2bn overall.

Study warns Brits underestimate cost of key events by £132k

Average student debt is now around £43,500

UK consumers are vastly underestimating the cost of life’s major events including getting married, raising a first child or going to university, a study reveals.


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