16th October 2009

F&C launches children's savings scheme

Foreign & Colonial Investment Trust (FCIT) has launched a new children's savings scheme as part of a collaborative effort to raise awareness of financial issues among young people.

Pounds and Pennies, Past Present and Future is aimed at children between the ages of four and seven, with the National Schools Partnership also working on the project.

Mark Loveday, chair of the FCIT, says: "It seems only fitting that as the oldest retail investment fund in the world, we should be encouraging a new generation of savers to think about how to achieve the things they want in life." Click here for more information.