News Tag: parents
August 21, 2009
The cost of putting their children through university is forcing some parents to remortgage their home, The Children's Mutual revealed this week.
Students starting university this year will spend an average of £42,000 during their three-year course, and many parents will be expected to fund the majority of this bill.
"University can be as much of a millstone as it is a milestone," ...
University a “millstone” for many parents
by David Masters
August 20, 2009
Student households are more than twice as likely to be burgled compared to the average home, Confused.com has revealed.
The price comparison website released the figure as thousands of new students prepare for their first term at university.
Confused.com also said students shouldn't assume their possessions are covered on their parents' home insurance policy.
"Separate policies should be bought which reflect the amount of contents ...
Confused.com highlights student burglary risk
by David Masters
June 11, 2009
Dedicated parents are sacrificing looking good in their own glad rags so they can kit out their kids in designer threads.
Credit crunched mums and dads are reducing the amount they spend on their own clothes so their children can keep up with the latest fashion trends, new research has discovered.
Parents are trading down to low-cost outlets such as Peacocks, ...
Parents sacrifice glad rags for kids’ designer threads
by David Masters
April 6, 2009
The Department for Business, Enterprise and Regulatory Reform has announced that there will be an extension of current legislation, whereby employees with children under six or disabled children had a statutory right to request flexible working, and this has now been extended to anyone with children under 16.
The Trades Union Congress has welcomed the change as it will mean that ...
UK parents to get increased working flexibility
by Peter Charalambous
February 17, 2009
UK adults are increasingly feeling the need to offer their parents financial support, but are struggling to find the cash to do this.
Research by Norwich Union found that two thirds (68%) of adults would like to help fund their parents' retirement, but are unable to do so because of their own financial situation.
Nearly three quarters (72%) of those surveyed ...
‘Sandwich generation’ caught between supporting parents and children
by David Masters
January 27, 2009
Research has found that 80% of households with dependent children have not made a will, primarily because they deem the process too complicated or too morbid to think about.
However, if the unfortunate event of both parents dying happens, a court may have to decide who should look after any children.
As a result, Child Trust Fund (CTF) provider, The Children’s Mutual, has ...
Parents encouraged to make a will
by Kay Murchie
September 16, 2008
Research by price comparison site, Savebuckets.com, has found that parents of children who are off to university this month can expect to spend large amounts of money on university-related merchandise.
In order to provide all the requirements for their child’s university room, parents can expect to pay over £750 - more than the average UK disposable income.
Expensive items parents may have to buy ...
Save money by shopping online
by Kay Murchie
May 19, 2008
The Government has announced that Child Trust Fund (CTF) opening rates have increased from 70% to 72%.
Commenting on the figures, Kity Ussher, economic secretary, said that the Government remained committed to increasing this total, through publicity campaigns focusing on parents.
Ms Ussher is urging low-income families to make contributions to the CTF account, however small they might be, ...
More parents taking advantage of Child Trust Funds
by Kay Murchie
