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Child trust funds

Family Investments – Child Trust Fund provider
To encourage saving, the Government has launched the Child Trust Fund. This gives every child born on or after 1st September 2002 a voucher worth £250 to kickstart their savings.

What’s more, anyone can make additional deposits into this account each year, up to an annual combined total of £1,200. But only the child can access the money and only when they are 18.

When you receive your voucher you will need to invest it in a Child Trust Fund account. Family Investments is an approved CTF provider offering an account that invests in shares, which means the value could fall as well as rise and your child could get back less than has been invested.

Family Investments is a mutual organisation with over 30 years’ experience in providing straightforward investments for families. In fact, they currently look after around £1.7 billion of family money for over 800,000 people in the UK and are experienced in providing family savings and investment plans. You can find out more and apply online for a CTF account here.

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