The Children's Mutual and Bounty Announce Arrival of New Child Trust Fund Partnership

Thursday, February 12, 2009 General News
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LONDON, February 11 The Children's Mutual(http://www.thechildrensmutual.co.uk/), leading provider and home of theChild Trust Fund, and Bounty, the UK's favourite parenting club have joinedforces.

Bounty has selected The Children's Mutual to provide its members withinformation on the Child Trust Fund (CTF) and the opportunity to open theirchildren's accounts with the company.

With a combined heritage of over 175 years The Children's Mutual andBounty are perfectly placed to offer expectant and new parents help andinformation on a wide range of issues affecting families. Bounty's pro-activeinvolvement with new parents through its online community and offlineactivity in antenatal units and maternity wards puts the organisation intouch with 90% of all pregnant families in the UK. Post birth, The Children'sMutual is now the choice of one in four parents when they actively placetheir Child Trust Fund for their child's future. The company's expertise infamily finance and forward planning is unmatched. This combination ofexperience, expertise and engagement makes for a formidable new force in theworld of family finance.

David White, Chief Executive of The Children's Mutual announced: 'We aredelighted to be working with Bounty to offer the Child Trust Fund to newparents. We know that becoming a parent brings with it a raft ofresponsibilities, including that of supporting the child financially bothtoday and into the future. By providing parents and their extended familieswith a means to save a little and often into an investment fund, theChildren's Mutual Child Trust Fund will enable parents to help theiroffspring with the anticipated costs of adulthood. Whether it's findinguniversity fees, leaving home or simply learning to drive and buying a safe,reliable car, today's newborns will all too soon have their own, very grownup ideas. Through our partnership with Bounty, we hope to help more parentsgive their kids a great start in life."

Ian Beswetherick, Managing Director of Bounty said of the partnership:"It is very important to Bounty to work with organisations which understandand listen to the needs of families. The Children's Mutual is a pioneer ofthe Child Trust Fund and an important champion of long term savings - bycombining their expertise with Bounty's almost complete coverage of newfamilies in the UK, we hope to help even more children have the financialfuture they deserve."

For further information please contact Stephanie Quantick or WendyRoberts at:The Children's Mutual, Tel: +44(0)1892-775-348 Email: [email protected] Web: http://www.thechildrensmutual.co.uk/

SOURCE The Children's Mutual


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