FSA gives cash advice to parents

The FSA has begun UK-wide distribution of the Parent's Guide to Money, its practical resource for expectant parents designed to answer questions about their changing financial circumstances. The guide has been developed and piloted in England, and will be made available in Scotland, Wales and Northern Ireland by the end of the year. The FSA hopes to reach 500,000 expectant parents across the UK this year, and 1.5 million by 2011. Research has found that the cost of bringing up a child to the age of 18 can be over £150,000.