Family Investments Child Trust Fund Account
To encourage saving, the Government has launched the Child Trust Fund. This gives every child born on or after 1st September 2002 a voucher worth £250 to kickstart their savings.
When you receive your voucher you will need to invest it in a special Child Trust Fund account, like the one from Family Investments. They have a long history of making saving for children simple and straightforward, and you can apply online today.
Returns are free of income tax and capital gains tax year after year, until he or she takes out the money at the age of 18.
What's more, anyone else can make additional deposits into this account each year, up to an annual combined total of £1,200.
Why Choose a CTF from Family Investments?
Family Investments is a mutual organisation with almost 30 years' experience in providing straightforward investments for families. In fact, they currently look after around £1.3 billion of family money for over 500,000 people in the UK and have a long track record in helping parents make the most of their children's savings.
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Family Investments News Stories: Child Trust Fund Provider Calls for Time Limit Cut |
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