Children Savings News

Junior ISAs

Child Tax Exempt Savings Plans

Children's Savings Plans

Child Trust Funds

Making Parenting Affordable

Spending Wisely

Ask the Experts

Ask the Experts is MyEggNest's free service for questions on Junior ISAs and any aspect of family finance.

Ask our Independent Financial Advisor Steve Weisner a question here.

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Child Tax-Exempt Savings Plans

Did you know that Children's Tax-Exempt Savings Plans (TESPs) also provide a long-term, tax-free way to save for your children's future?

Click here to find out more about a tax-efficient way to build up a nest-egg for your child in addition to a Junior ISA, and compare providers.

Free Prize Draw

Enter our FREE Prize Draw and one lucky winner, chosen at random, will receive £250 added to their Children Savings Account.

MyEggNest is proud to support Get Connected.

You can learn more about Get Connected, a free, confidential helpline for young people, here.

To find out how you can make a donation, visit www.getconnected.org.uk.

Newsletter October 2009

October - Grandparents helping out

With Grandparents' Day this month, we are looking at how they
can help, and offering them a little reward...

MyEggNest News

www.funtosave.org/

A new website designed for 4-7 year olds, to introduce the concept of saving

www.savvywoman.co.uk/ An article on Child Trust Funds (with a MyEggNest mention)

www.myeggnest.com/forum/ - Join our discussion this month on inheritance tax.

Tip Of The Month

If you are thinking about returning to work you could be entitled to Childcare Vouchers, a benefit scheme offered by employers allowing you to receive a part of your salary in vouchers. These are then accepted by registered or approved childcare, enabling you to pay towards childcare costs. No tax or National Insurance (NI) is charged on the part of the salary you take in vouchers. Find out more

Reminders Of The Month

When obtaining advice on your savings and investments, it is important to know what type you're getting (whether it is 'advice' or simply 'information') and to check that your adviser is authorised by the Financial Services Authority (FSA).

Find Out More
The Health in Pregnancy Grant (HIPG) is a one-off payment of £190 for every mother-to-be. The grant can be claimed at any point between the 25th week of pregnancy and the due date of birth. Find Out More

Children's Savings

Grandparents are looking for ways they might be able to help their grandchildren's future. We take a look at the options, including Tax Exempt Savings Plans, Unit Trust for Children, National Savings Children's Bonus Bonds.
Find out more

With so much news this month about the Child Trust Fund, take a look at how your current CTF is doing - browse our CTF reviews from other parents, join in with your own, and receive a free Mr Men Bruise Soother.

Children's Savings News

Goodbye To Child Trust Funds

The Child Trust Fund was introduced in 2005, many people saw it as the most successful savings account ever, not so for George Osbourne...Full Details

Restricting Child Trust Funds Will Save Little

Director General of the Association of Investment Companies, Ian Sayers, said that the Child Trust Fund should remain as a tax-free savings incentive...Full Details

If CTFS Vanish How To Save
Interest on other forms of children's saving accounts is paid tax-free if it falls below the personal tax allowance, currently £6,475 per annum...Full Details

For more Children's Savings News, click here

And Finally....Competition

As a special treat, we have teamed up with Panduro Hobby to offer MyEggNest users the chance of winning a 'Winter Penguin' craft-making kit. An art project to work on with grandparents (or a present to make for them), the kit makes two penguins and is ideal for children aged six plus.

For a chance to win one of these six kits, all you have to do is complete the following sentence:

Penguins are found at which pole:

a) South Pole
b) May Pole
c) Barge Pole

To enter our competition, please click here.

CLOSING DATE: 31st December 2009

Sponsored Links

Request a Jump CTF or Jump Savings Brochure and receive a free copy of Money: Your Children, Their Future by Sarah Hamilton. Click here for more information.

MyEggNest's Ask The Expert

This is a free service and is designed to answer your specific questions on Children's Savings. Ask Steve a Question here.

Tell your friends about MyEggNest Newsletter. They can sign up for their own copy by visiting this link