LONDON, January 5
- This is a reissue of a previously killed release from December 30th2008. The source client has given permission to use the contents of thisrelease.
Leading Child Trust Fund provider, The Children's Mutual(http://www.thechildrensmutual.co.uk) is encouraging all parents who decideto give up smoking as their New Year's resolution to consider putting themoney that they will save towards their children's futures.
According to figures from the NHS, smokers dropping a five a day habitwill save on average GBP40 a month. If this amount were in turn invested eachmonth into a child's Child Trust Fund it could grow to GBP15,500 when thefund matures on the child's 18th birthday. The monthly saving raises toGBP158 for those quitting a 20 a day habit. This could fully fund a CTF withsome left over each month.
While the NHS records numerous health benefits associated with giving upsmoking, the potential to improve a child's future financial health can alsobe added to the list of reasons to quit.
Marketing Director of The Children's Mutual, Tony Anderson, comments;'People often view the New Year as a time to take stock and we know that manyuse it as an opportunity to make promises to themselves and others - butthese are not always easy to keep. What better incentive could there be forsticking to a resolution than the knowledge that, as well as improving yourown long-term wellbeing, the commitment could further benefit your childrenas they enter adulthood in the years to come.'
For further information please contact Stephanie Quantick or WendyRoberts at The Children's Mutual, Tel +44(0)1892-775-348 or emailstephanie.quantick[at]thechildrensmutual.co.uk or +44(0)1892-775337 emailwendy.roberts[at]thechildrensmutual.co.uk.About The Children's Mutual - Home of The Child Trust Fund - The Children's Mutual's mission is to help parents, grandparents, family and friends fulfil their hopes for today's children. - The Children's Mutual is the only UK company that specialises exclusively in savings for children. - The Children's Mutual is the choice of over 1 in 5 parents for their child's Child Trust Fund. - The Children's Mutual has won the The Moneyfacts Award for Best Child Trust Fund Provider every year since its 2006 launch. - The Children's Mutual, as experts in savings for children, made a significant contribution to the Government's Child Trust Fund consultation process.
SOURCE The Children's Mutual