Child Trust Funds

From £4,368

As much as £400bn could be held in 'dinosaur' funds, according to Hargreaves Lansdown, as investor inertia sees cash left languishing in stagnant products.

The government will permit the transfer of cash saved in now-defunct child trust funds (CTFs) to junior ISAs.

The Government will consult on options for transferring savings held in child trust funds (CTFs) into Junior ISAs.

F&C Investments has introduced a £25 plus VAT annual charge on its Child Trust Fund, which will come into effect from 6 April.

The effect of fund charges over the long term make closed-ended trusts an attractive option for a child's investment, writes F&C's Ed Morse.

Family Investments

With the shadow Chancellor proposing means testing on CTFs and the present Government giving little backing to investment trust saving schemes for children, what does the future hold for a child's future?

Changes to the annual savings limit on Isas will give over 18 million investors the opportunity to increase their tax-advantaged savings, and would directly benefit over five million individuals

Conservative plans to curtail tax-funded payments into child trust funds have not gone down well. The scheme should be expanded not cut back, says the industry