2010 has almost passed, still it seems very difficult for parents to save money for their children’s future. Last week, the British indebted Government has decided to reduce the child benefit for higher earning parents with £20 a week, to refill the treasury. By this it will not be easy for parents to give their offspring additional nest eggs, aside from university fees, when they reach the age of 18. The Child Trust Funds, which always had a sincere connection with the government, also lose reputation.
Tessa van Meerten
Source: http://www.thisismoney.co.uk/savings-and-banking/article.html?in_article_id=516161&in_page_id=7
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