Why must there be? Have you spotted any by reading the brochures and terms & conditions? Seems to me that it's mainly a marketing thing to distinguish the Pride & Joy offering from the bog standard equivalent. Nothing wrong with that but it is a little confusing. As I say the only difference to the normal regular contribution Freeway product that I can see is that you can sign a trust form binding you to making decisions in the best interests of the child. See the .