08.14.09
Discover the Way You Can Invest with a Totally Free Children Trust Fund Voucher from Scottish Friendly, for the Coming Years of Your Precious Ones by Getting Asubstantial Lump Sum to Be Available when They Turn Eighteen
Do you know what the Child Trust Fund is? Few UK parents noticably sparse number of parents appear to realise that all newly born babies are given a free £250 voucher from the government to invest. This vouchermay be invested in any one of threesorts of CTF account, Stakeholder – a shares-based account that changesinto cash, a savings account or a shares account. It is a superb chance to for the future life of a young person
Scottish Friendly is an approved provider of the child trust fund. The Government is eager for the public at large to have access to Stakeholder accounts and this is the type of account that we offer.
An interesting feature of the saving for children is that anyone – parents, grandparents, aunts and uncles, friends – if they want can add to the Fund to an uppermost limit of £1,200 per year to help augment the child’s Fund (once added, this money cannot be withdrawn).
Only infants who were born on or after 1st September 2002 are entitled to open a Children Trust Fund. If you have older kids 1st of September 2002 who are not entitled you could contemplate investing for them with a Child Bond – it’s a tax-free savings plan intended for long-term growth. There can be no doubt that investing for a child is a sensible means of preparing for the world to come.
