Cost of raising a child hits £227,266

moneyNew research has shown the cost of raising a child has risen by nearly £5,000 over the past 12 months. According to insurer LV=, it now costs £227,266 to bring up a child from birth, until they reach the age of 21. The key findings of the LV= ‘Cost of a Child’ report include: Our advisers can help you make the right ...

Budget update: Two changes which will affect all parents

Two measures which will affect all parentsLast week’s Budget contained at least two measures which will affect all parents. The first will help parents save for their child’s future, whilst the other could provide much needed cash assistance towards the costs of childcare; but beware, there will also be losers. Child Trust Fund transfers to Junior ISAs The first piece of good news came with George Osborne’s announcement that the government is to issue a consultation with a view to enabling  child savers to transfer ...