Archive for May, 2013

More education needed on Junior ISAs

May 15th
2013

Recent findings have suggested that over 48% of people still consider the now obsolete Child Trust Funds (CTFs) to be the best place to invest money for their children in later life, despite the lack of competitive options available and low interest rates on offer. This view seems to reflect a misguided perception of the Continue reading…

First time buyer costs rising

May 14th
2013

Recent findings have revealed that the initial cost of buying a first home and getting on the property ladder is rising much quicker than average wages or rent, meaning home ownership is becoming much more unlikely for thousands of first time buyers. The cost of buying a home has risen by a staggering 73% in Continue reading…

Children saving pocket money for university

May 11th
2013

Pocket money earned by youngsters is no longer been spent solely on toys and games, it seems, as a recent survey reveals 20% of children as young as 10 are already saving for key milestones in their lives including a car, university, starting a business or buying their first house. The harsh realities of living Continue reading…

Junior ISAs – A Fair Option

May 1st
2013

With the tax year ending last month, thousands of people across the UK have been rushing to open an ISA or put extra money in their existing ones to take advantage of the 2012/13 allowance. But financial advisors are calling for more parents to take advantage of the benefits of a Junior ISA (JISA), to Continue reading…