New online management tool for Post Office CTF customers

From today Post Office Child Trust Fund customers will be able to have access to a new internet account management service, Online Wizard, which aims to make it easier for parents to manage their child's CTF account.

The tool, which is the first of its kind, has been launched by the Post Office's CTF provider, Family Investments and is available to both new and existing Post Office customers.

Richard Norman, Head of Savings and Investments at Post Office commented: "Despite CTFs launching over three years ago there are still a significant number of parents who do not regularly monitor or top up their child's CTF.

Online Wizard will make it easier for parents to mange their child's CTF account and monitor the performance of its investments more frequently and potentially save them money in the long term."

The Online Wizard allows customers to:

Check the current value of their child's account
Top up their child's account
View up-to-date summary statements
See how much can still be topped up this year
See how much their child's account may be worth at age 18

The Post Office Child Trust Fund is provided by Family Investments, who are one of the leading stakeholder CTF providers in the UK.

To find out more about the Post Office Child Trust Fund log onto postoffice.co.uk/savings.