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Child Trust Funds
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.
F&C links up with iChild to provide age-tailored financial tips
F&C has linked up with specialist parenting website ichild.co.uk to become its Children's Savings Partner.
Family Investments and NCT to offer Child Trust Fund
In an extension of their financial offering, Family Investments, the UK's leading Child Trust Fund (CTF) provider, has teamed up with the NCT (National Childbirth Trust), to launch a new Child Trust Fund, the first one provided alongside a charity.
Parents borrow from kids’ savings
More than one in five parents have been borrowing from their children's savings account, with 44% of them borrowing between £200 and £500, the majority taking money over five months or less it was revealed today.
Children's Saving Schemes a gift that could last a lifetime
Christmas is just around the corner, and as parents and relatives look for inspiration, they might want to consider including a gift which will last years after the festive period is over (alongside the usual, more instantly gratifying presents and treats).
Grandparents save parents over £5 billion in free childcare
The UK's grandparents are saving parents just over £5 billion each year in childcare costs, a new research study reveals today.
TISA calls for more flexibility in retirement savings
In its Pre-Budget Report submission TISA - Tax Incentivised Savings Association - is reiterating its support for the concept of a Workplace ISA as part of a more flexible savings approach to finance retirement.
One millionth CTF customer for Family Investments
Family Investments, trusted supplier of financial solutions for the family, today announces that it has broken through the 1 million mark for Child Trust Funds (CTFs).
Social mobility and the Child Trust Fund
As David Cameron highlighted during his speech - The Big Society - social mobility remains a key challenge in the development of the UK.
CTFs most widely used savings scheme
New figures out suggest that the Child Trust Fund (CTF) is the most successful savings scheme in the UK according to leading CTF provider, The Children's Mutual.
Steady increase in CTF contributions
Monthly parental contributions to Child Trust Funds (CTFs) have increased with an additional 30,000 accounts now receiving direct debit subscriptions - according to the latest quarterly survey conducted by TISA (Tax Incentivised Saving Association).
Child Trust Fund will save young adults from sea of debt
Leading Child Trust Fund provider The Children's Mutual comments on George Osborne's suggestion to limit the Child Trust Fund to the poorest third of families.