IFAs given help on Child Trust Funds

Thu, 09 Apr 2009

A new roadshow has been launched by the Children's Mutual to help independent financial advisers (IFAs) to assist their clients with Child Trust Funds .

The government scheme helps families make investments for their children's future and IFAs will be able to offer advice to their customers through seminars available on the roadshows.

Discussed in the seminars will be topics such as how Child Trust Funds work, the costs and burdens faced by parents as their children grow up and the role IFAs can play in advising people about the investments.

Alan Harding, national IFA sales manager for the Children's Mutual, said: "Our research shows that parents and expectant couples still believe it's a good time to be saving for their children . The Child Trust Fund may offer IFAs a fresh opportunity to speak to new and existing clients."

In the past year, friendly societies have opened 300,000 more Child Trust Funds, providing the sector with £250 million worth of Child Trust Fund investment premiums.
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