Savings: Do you save more or less than the average family?

iStock_000007329749MediumMost people like to know how they compare to others, so when it comes to saving money each month, do you put away more or less than the average amount? Legal & General have surveyed 625 families all with children under the age of 10 for their ‘Nearest and dearest families facing tomorrow’ report. The results make fascinating reading:   Our advisers can help you get your savings working harder ...

Do you have children and earn over £50,000? Learn how to reclaim your lost Child Benefit

iStock_000005908146_ExtraSmallOur recent article, ‘6 top tips for the end of the tax-year’ has been extremely popular. One of the tips though is so effective we wanted to highlight it separately. So, if you have children and you or your partner earns over £50,000 each year, read on, you might just be able to reclaim some, or all, of your lost Child Benefit. But, first things first. Why have you lost your child benefit?...

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 ...

Savings: 84% of children save their pocket money!

moneyA new survey has shone a light on children’s pocket money and thrown up some surprising results. The research, conducted by Family Investments, looked into the pocket money habits of both parents and their children, and found: 80% of parents believe children who learn how to save will manage their finances better in later life However, only a third of children get pocket money on a regular basis Those children who do receive pocket money get an average of £2.50 to £4.00 per week aged ...