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 .
