Established in 1881, what later became the Tunbridge Wells Equitable Friendly Society (TWEFS), was formed to provide a scheme for working people to help protect them against loss of income during illness and build up a lump sum for their old age.
In 2003 TWEFS re-launched as The Children's Mutual to recognise this specialist positioning and to prepare for the launch of the Government's new Child Trust Fund (CTF) scheme.
[3] In April 2013, The Children's Mutual and The Tunbridge Wells Equitable Friendly Society transferred their engagements to Forester Life, following a member vote at the Special General Meeting in February.
In addition the Company offer a Shariah stakeholder Child Trust Fund which recognises that a significant number of Muslim parents want to be able to access the advantages of the scheme in a way that complies with their faith.
[citation needed] The company acted as partner for a range of well known financial services and child-orientated brands in providing Child Trust Funds, such as Boots, Asda, Mothercare and Lloyds Bank.