Child trust fund podcast welcomed

Fri, 02 May 2008

Further moves by the government to boost the popularity of child trust funds are to be welcomed, one expert claims.

Miles Bingham, head of savings and investments at Family Investments, believes that a podcast from HM Revenue and Customs can only be a good thing.

He said: "Family Investments is pleased that the government is taking continual steps to harness internet technology in order to inform and educate families about the child trust fund ."

The move follows the announcement that people will be able to manage applications for child trust funds online from 2009, a move that Family Investments had lobbied for, he added.

Being able to access products via the internet is becoming increasingly important to busy parents, he concluded.

Last month, David White, chief executive officer of the Children's Mutual, said the fact that parents no longer need a voucher to open child trust funds will increase the uptake of the accounts .
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UK Investments - Financial, Property & Other Investments - 1998-2008

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