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Child Trust Funds
Axe taken to saplings
Gavin Oldham, chief executive of The Share Centre, comments on this week's announcement to axe the Child Trust Fund.
Saving for children crucial
The Children's Mutual is reassuring the five million families whose children hold Child Trust Fund (CTF) accounts that they will be able to continue saving for their children into CTFs and it is urging them to make the most of the tax-free investment growth of the scheme.
Parents undaunted by curtailment of Child Trust Fund
New research commissioned by leading children's investment provider F&C Investments in advance of National Family Week (31 May-6 June) has indicated that 70% of parents of under-8s would continue to save for them even if the Child Trust Fund (CTF) was abolished entirely.
Child Trust Funds - the game is not over yet
With the manifesto position of the Liberal Democrats being to completely abolish Child Trust Funds, and the Conservative policy one of limiting further plans exclusively to those on the lowest incomes, supporters of the scheme will be carefully awaiting further clarification on their future in the run up to the coalition government's emergency budget.
Average stakeholder CTF £1 higher than cash alternative
The value of the average stakeholder Child Trust Fund (CTF) has edged back past those of cash CTFs over the five years since the scheme was launched, according to the latest survey by Moneyfacts.
Pocket money hotspots
Pocket money has not been a casualty of the credit crunch, and Glasgow takes top slot as the UK's pocket money hotspot.
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.