RSS Feed

Child Trust Funds

Positive Parenting Week - Child Trust Funds

Positive Parenting Week - Child Trust Funds

Positive Parenting Week begins on May 7th and is a week designed to acknowledge and recognise the work that parents do for their children. One of the best things parents can do is to ensure they provide financial security for their children from the day they are born.

Family Investments’ membership leaps 50%

Family Investments today reported its membership grew to 1.59 million in 2009, a growth of 53%, as it released its latest annual results.

Regular and lump sum CTF subscriptions increase

An increase in regular support for Child Trust Funds and £13m in additional lump sum subscriptions are the highlights of the TISA - Tax Incentivised Savings Association - latest CTF quarterly survey.

Child Trust Funds receive over £5 million a week

Over £700,000 a day - £5 million a week - is currently being invested in Child Trust Funds according to leading Child Trust Fund (CTF) provider, The Children's Mutual.

Child Trust Fund reaches five million milestone

Over five million children now have a Child Trust Fund (CTF) according to the latest HMRC statistics, released today.

Child Trust Fund boost for disabled children

Treasury Minister Sarah McCarthy-Fry today visited the Rainbow Family Centre in West London to raise awareness of additional Government contributions to the Child Trust Funds of 90,000 disabled children.

Recession teaches children tough lessons about money

Children have been strongly impacted by the recession, according to research from YouGov commissioned by HSBC and the Personal Finance Education Group (pfeg).

Parents urged to make use of Child Trust Fund allowance

Parents are wasting £63 million in tax breaks by not making full use of their children's Child Trust Fund (CTF) allowance this year, according to research from Unbiased.co.uk.

The cost of raising a child tops £200,000

For the first time, parents are likely to have to shell out more than £201,000 on raising a child from birth to the age of 21, according to a survey from LV=. This equates to £9,610 a year, £800 a month or £26 a day.

8 in 10 parents do not support plan to cut Child Trust Funds

Parents are almost universally against Conservative Party plans to cut the Child Trust Fund (CTF), according to research from Family Investments.

The cost of 18 to 30? More than £30,000

The cost of having adult children is hitting parents hard, with new research out today showing they expect the cost of supporting an 18 to 30-year-old to exceed £30,000.

Strong growth for the Child Trust Fund

Latest figures from TISA - Tax Incentivised Savings Association - point to the continued strong growth for the Child Trust Fund (CTF).

Five years, five million savers

What a difference five years make - back in 2005 interest rates were on the rise and the UK savings ratio was headed for its lowest point in nearly half a century - fast forward to 2010 and the trends have reversed with one savings scheme in particular leading the march and engaging the UK population; the Child Trust Fund (CTF).

Child Trust Funds essential to give young adults head start

HM Revenue & Customs (HMRC) quarterly statistics released today reveal a rise in the number of Child Trust Fund (CTF) accounts opened by parents within a year of receiving a CTF voucher.

Parents persist in saving

New figures out from HM Revenue and Customs (HMRC) show that nearly three quarters of all Child Trust Funds (CTFs) are proactively opened within a year of a child's birth.