All children born on or after 1 September
2002 currently receive a voucher from the Government
which must be used to open a savings or investment account with a
registered Child Trust Fund provider. As a registered Child Trust
Fund provider, we offer three investment funds for you to choose
from.
- A tax-free cash payout when the child reaches 18
(Tax legislation may change in the future)
- Choice of three investment funds
- Anyone can contribute into the fund – parents, grandparents and
even friends
- Add up to £1,200 in total per year (on top of the Government's
contribution) - You cannot withdraw money from the fund once it is
invested. Only the child can access their money when they reach
18
- Make lump-sum investments or regular payments by direct
debit
- Stop, start or change your regular payments at any time