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University Trust Fund targets lower income families

Childrens Mutual says its Child Trust Fund is an ideal way for poorer families to fund their childrens university education.

The fund, which it runs under the name Baby Bond, could accumulate to 10,212 over 18 years, with a monthly contribution of just 25 says Childrens Mutual.

Childrens Mutual chief executive David White says “This is a wonderful opportunity for families to work together to help plug the gap in higher education funding and help give children from less privileged backgrounds the start in life they deserve.”

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