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Child Trust Funds
Grandparents save more than £2 billion a year to help grandchildren
British grandparents are digging deep to help their children and grandchildren by contributing billions of pounds every year towards long-term savings and everyday family costs, according to the latest research from J.P. Morgan Asset Management (JPMAM).
Oliver wants some more - twist rather than stick with a gruelling CTF
Thousands of Olivers and Olivias are losing out to Harrys and Amelias and someone should be asking for ‘more’ from their Child Trust Fund on their behalf, says Furness Building Society – Mortgage Finance Gazette’s Best Regional Building Society 2013.
Investors turning to JISAs as Government mulls CTF transfers
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 of CTF savers have cut back or stopped investing
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.
Child Trust Funds continue to dominate children's savings accounts
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 still saving into CTFs
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.
Don't forget Child Trust Funds
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.
Children's Mutual finds Brits favour Katie over Catherine
The Children’s Mutual has identified that the British public favour the name Katie over Catherine, but William over Wills.
Child care costs soar by £276 million a year
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.
This Easter make the most of the Child Trust Fund
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.
Junior ISAs are the ‘rich man's child trust fund'
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:
Saving for our children is important - but what are the options?
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 £82 each month to cover tuition fee costs
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.
CTF contribution levels increase
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 partners with Bounty to offer Junior Bond
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.