Estimated £300m Not Yet Invested
Sainsbury's Bank estimates that 1.2 million issued CTF vouchers have yet to be deposited in an account
18th April 2005
Sainsbury's Bank have released their estimate of how many Child Trust Fund vouchers have yet to be invested - 1.2m vouchers, amounted to around £300m in value.
The vouchers have been sent out to parents of eligible children over the last few months, and the scheme went live on April 6th this year.
Sainsbury's offer their own branded version of the Family Investments CTF account. For a list of other providers, see our Baby Bonds category.
Read More: Press Release
|
Products from Sainsbury's : Car Insurance, Drive, Home Insurance, Instant Access Saver, Pet Insurance, Travel Insurance, Visa, Life Cover, Sainsburys Loans, Sainsburys Platinum |
|
More on Baby Bonds: Baby Bonds - An Introduction (Article, 20/12/2004), CTF Launch Underwhelms Parents (News, 01/06/2005), Parents Still Confused by Baby Bonds (News, 23/03/2005), CTF: No Options for Muslims (News, 07/02/2005), Baby Bonds - Official Launch (News, 11/01/2005), Major Fund Withdraws from Baby Bonds (News, 17/12/2004), See all 11 Baby Bonds stories >>> |
Home - Investment - Child Trust Funds


