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Child Trust Funds

All I want for Christmas … is a contribution to my Child Trust Fund

TISA - the Tax Incentivised Savings Association - is encouraging parents of children with Child Trust Funds to save gifts of money into the plan this Christmas.

Festive names bring savings joy

As Christmas draws near, children named after the Archangel Gabriel could be celebrating more than stockings and gifts under the tree, as data from The Children's Mutual reveals they historically receive the largest lump sums of cash into their Child Trust Funds.

The present with a future

Some parents might like to consider a present that will last long after the festive season has come to an end.

F&C publish free "Guide to Investing for Children"

F&C have published a free "Guide to Investing for Children", designed to show investors that giving their child a financial head start in life is achievable and how to go about this.

Family Investments: HMRC CTF statistics

Kate Baker, Head of Savings and Investments, Family Investments, commented:

75% of parents actively investing Child Trust Fund voucher

The Children's Mutual has welcomed the Government's annual update on the progress of the Child Trust Fund (CTF) and in particular confirmation that 75 per cent of children's accounts are being initiated by parents.

Parents sacrifice luxuries to secure future funds for children

As financial situations worsen, parents are having to cut back on personal luxuries in order to secure a better future for their children, according to research by Family Investments, the family savings specialist and UK's leading Child Trust Fund provider.

Child Trust Fund figures provide cause for hope

HM Revenue and Customs (HMRC) has released its latest quarterly figures on Child Trust Funds (CTF) and according to the home of the child trust fund, The Children's Mutual they spell good news.

Celebrations as the child trust fund generation turn six

Over 3.5million UK children now have Child Trust Fund (CTF) accounts and according to leading CTF provider, The Children's Mutual, these children, their parents and society should celebrate the fact that the CTF is changing saving habits in the UK.

Parents urged to make full use of Child Trust Fund allowance

Parents will be wasting £242 million in tax breaks by not making full use of their children's Child Trust Fund (CTF) allowance this year, according to figures from Unbiased.co.uk.

Children short-changed in Government scheme

In the three years and a half years since the Government launched its Child Trust Fund (CTF) scheme offering £250 to any child born after 1 September 2002, 3.61 million children have benefited, however future generations could see their nest egg put at risk by rising inflation.

Child Trust Fund vouchers go unused

Nationwide reveals that 25% of Child Trust Fund vouchers have already expired and only 57% of live vouchers have been paid in so far this year. This means that around £248 million in vouchers and potential interest has effectively been thrown away for a year by parents failing to use their child's CTF voucher upon receipt.

Teenagers saving to avoid student debt

Many youngsters are saving towards higher education from the age of 11 because they have seen older family members flounder under the burden of university debts, according to research from leading Child Trust Fund provider, The Children's Mutual.

The £4 uniform that earns you £10,000

Traditionally, the average family spends more than £320 a year on uniforms for up to 12 year olds. Thanks to retailers such as George at ASDA offering uniforms at £4, spend could be as low as £32 a year - saving a family up to £290.

Regular CTF contributions on the increase

Regular and lump sum contribution levels into Child Trust Funds are continuing to increase in value according to the latest CTF quarterly survey by TISA - The Tax Incentivised Savings Association.