Child Trust Funds
Junior ISAs (JISAs) are rapidly overhauling Child Trust Funds (CTFs) as the investment vehicle of choice when it comes to saving for children, according to the latest Halifax Share Dealing Market Tracker.
More than half (55%) of Child Trust Fund savers have stopped or cut back on investing new cash into the accounts which have pulled in more than £4.3 billion, new findings from Consumer Intelligence shows.
The majority of parents with children currently 10 years old or under have some form of savings account for their child in place, according to the latest research from Lloyds TSB.
Nearly one in three parents saving regularly for their children are paying into Child Trust Funds despite concerns about a lack of choice and relatively poor returns, new research from housing investment and shared equity mortgage provider Castle Trust shows.
TISA is reminding parents whose children hold a Child Trust Fund to review their investment when the new Junior ISA is launched on 1 November.
The Children’s Mutual has identified that the British public favour the name Katie over Catherine, but William over Wills.
Families across the UK are forking out an additional £276 million this year to meet rising child care costs compared to twelve months ago, according to research by Family Investments.
Despite the Government's decision to stop creating any new Child Trust Funds from the start of this year, over 5 million British children born between September 2002 and January 2011 hold one of these valuable assets.
With the Government announcing details of the new Junior ISA, Stefan Maryniak, savings expert at uSwitch.com, comments on what this will mean for parents:
With Child Trust Funds no longer available and a new children's savings plan - called Junior ISA - expected to be launched later this year, independent financial research company Defaqto outlines the options available for people that want to start saving for their children in the meantime.
Parents need to save up to £82 each month starting from the birth of their child if they are to cover the cost of the new university tuition fees cap, according to analysis by Family Investments, a leading children's savings provider.
Lump sum contributions to Child Trust Funds have risen for the fourth consecutive quarter, according to the latest statistics compiled by TISA from providers representing 72% of all CTF accounts.
Family Investments, provider of long-term savings for children, has announced its partnership with Bounty, the UK's favourite parenting club, to offer a Junior Bond.
As the Government ends contributions to children's savings via the Child Trust Fund scheme at the end of the 2010, new research from Halifax reveals that parents of school children continue to make saving for their future a priority.
As parents begin to feel the pinch of Government cuts, new research from M&S Money reveals that grandparents in the UK are providing more than £6000 of support to grandchildren. Over the first 18 years of each grandchild’s life, grandparents gift on average £6165 in either money or presents.
1 to 15 of 191 for Child Trust Funds