Saga Insurance: Grandparents not paid for childcare

Money News

www.moneynews.co.uk > Insurance > Saga Insurance: Grandparents not paid for childcare

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Saga Insurance: Grandparents not paid for childcare

Grandparents are not being paid for looking after the children in their family despite spending much time caring for the youngsters, Saga Insurance has revealed.

A poll showed that almost 20 per cent of grandparents in the UK spend equivalent of a week’s full time employment per month caring for their grandchildren.

With grandparents also not being compensated for costs, around two-thirds of respondents admitted that they believe some childcare benefits should be given to grandparents who take care of these children.

Andrew Goodsell, chief executive of Saga Group, commented: “Looking after children is a serious commitment, but grandparents often choose to provide this support and place the monetary implications of reducing their own working hours into second place."

Mr Goodsell also added that many grandparents take care of their grandchildren because they enjoy doing so rather than because they feel obligated.

Saga has set up a car insurance comparison website for the over-50s to help them get the best price on car insurance.
ADNFCR-323-ID-18532657-ADNFCR

Related News : Insurance

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : Saga

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet