Protecting your family from financial catastrophe – the excuses and the reality

Parents Holding Hands with Kids in FrontNew research from LV= has shown that the cost of raising a child, from birth until they reach 21, has risen to £227,266. The rising cost of childcare is one of the main factors, whilst many families have been hit hard by the changes to Child Benefit. Indeed, 25% of mothers have returned to work sooner than they would have liked to because of the changes and 20% of parents have ...

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 ...