The Learning Zone will give local charities the opportunity to speak at the event, so they can share information and advice with parents in presentations throughout the day, supported with drop-in one-to-one sessions for those looking for more tailored information.
Engage Mutual Assurance will also be available throughout the day to answer parents’ questions about tax-exempt savings opportunities offered by the company, saving for children and its Child Trust Fund.
In an independent survey of over 1000 parents of children aged 14 or under commissioned by Engage, 56% of parents said they’d prefer Child Trust Funds were used to fund further education.
This is not surprising considering that the current average student debt is already at £15,000* for those studying in the 06/07 academic year.
The Independent also published figures last week that put the average cost of raising a child at £43,000.
Engage Mutual Assurance hopes that by supporting the first local baby show for parents and parents to be, that it can raise awareness of the growing cost of bringing up a child and the practical solutions that can help to ease the strain on the family purse strings.
* DFES Student Loans and the Question of Debt
The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.