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Witan guide keeps it in the family

Witan Investment Trust is sponsoring a new book aimed at parents and grandparents concerned about the soaring costs of raising a family

The book, called Money: Your Children, Their Future, is sponsored by Jump, the Witan savings plan for children based on its investment trust.

It is available from bookshops nationwide.

The book highlights the escalating costs associated with raising children, which were recently estimated at £82,000 per child, excluding school and university fees, by Family Assurance Friendly Society.

The guide offers practical advice and straightforward information on savings and investments as well as state help, school fees and tips on teaching children good savings habits.

It is written in an easy to understand style and avoids confusing jargon. It includes details on school fees, property and passing on wealth to children.

Royalties from sales of the book will go to Tommy&#39s, the baby&#39s charity set up 10 years ago to research premature and still birth and miscarriage.

Jump is designed for longterm savings for a child&#39s future. Minimum investment of £25 a month.

Witan marketing manager James Budden says: “Jump is delighted to be associated with this publication. It should prove an educational and instructive guide to this area of financial provision.

“This is the third year that we have been able to support Tommy&#39s. Both Tommy&#39s and Jump are looking to give children the best possible start in life.”

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