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News Tag: Child Trust Fund

November 1, 2012

Junior ISAs fail to take off

by Jan Harris
Junior ISAs fail to take off
A year has passed since the government replaced Child Trust Funds with Junior ISAs (JISAs) but more than half of parents are unaware that they exist, according to research by friendly society Family Investments Children born between 1 September 2002 and 2 January 2011 were eligible to open a Child Trust Fund and to receive a contribution of up to £500 from the ...




May 24, 2010

New Chancellor set to announce £6bn spending cuts today

by Kay Mitchell
”New
New Chancellor, George Osborne, is today set to wield the axe by announcing plans to cut £6.2 billion off the £156 billion deficit this year. The new Con/Lib coalition Government has said trimming the budget deficit is one of its priorities. However, Mr Osborne’s predecessor, Alistair Darling, warned that cutting the deficit too quickly could pose a threat to ...




February 19, 2010

Proposed Child Trust Fund cuts leave parents fuming

by David Masters
Proposed Child Trust Fund cuts leave parents fuming
Middle class parents are outraged at plans by the Conservative Party to limit Child Trust Funds (CTFs) to the poorest families if they win the next election. Research by Family Investments found that eight in ten parents do no support the plans, announced by shadow chancellor George Osbourne earlier this month. The study found that 96% of parents think CTFs are ...




January 21, 2009

Asda offers Child Trust Fund incentive

by David Masters
Asda offers Child Trust Fund incentive
Asda Financial Services is offering parents-to-be an incentive to pre-register for the Asda Child Trust Fund. The supermarket's banking division is giving away money off vouchers for 12 Asda products and a free Family Money Guide to families who pre-register online. Claiming the freebies does not obligate parents to stay with Asda for the trust fund. However, those who do choose to open a ...




June 9, 2008

Asda teams up with The Children’s Mutual

by Kay Mitchell
Asda teams up with The Children's Mutual
Supermarket giant Asda has announced an association with The Children's Mutual in a bid to encourage customers to invest in their children's future. Asda’s latest savings product, the new ASDA Child Trust Fund (CTF) will be available to customers in-store, over the phone & online. Parents will receive an added incentive of a £5 Asda gift voucher for opening the account or ...